New study reveals that Singapore has more female brand owners and inventors
28 April 2023
According to research results published by the Intellectual Property Office of Singapore (IPOS), there has been a consistent increase in the number of female brand owners and inventors in Singapore. The percentage of new female entrepreneurs increased at a similar rate, which reflects women's increased involvement in IP management and innovation.
The percentage of female brand owners who registered trademarks went from 17.7% to 23.4% between 2016 and 2022, and the percentage of female business owners increased from 17.9% to 25%. Additionally, the proportion of patents with at least one female inventor rose from 21.6% to 34.0% between 2000 to 2021.
IPOS released the results of its study on "Trade Mark, Entrepreneurship, and Gender in Singapore" in conjunction with today's World Intellectual Property Day (WIPD) celebration. Women and IP: Accelerating Innovation and Creativity is the theme for this year, which honors female creators and entrepreneurs from all across the world for their innovative successes.
Sun Xueling, Minister of State for Home Affairs, Social and Family Development, said, “It is heartening to see more brand owners and women inventors in Singapore but there still remains a disparity between men and women seeking IP protection. IP plays an important role in transforming ideas into assets and as we celebrate the new products and services women help to bring to the marketplace and society, more also needs to be done to help women use the IP system to protect their work. I hope today’s activities would inspire and encourage everyone to consider the crucial role that IP can play in facilitating your journey on innovation and creativity.”
- Excel Dyquiangco