Singapore IP Strategy 2030

SIPS 2030 Opener



The Singapore IP Strategy (SIPS) 2030 is a national strategy that supports enterprises and the wider innovation community. It will contribute to Singapore’s position as a global-Asia node of technology, innovation, and enterprise, and support our wider Research Innovation Enterprise (RIE) objectives. Intangible assets (“IA”) and IP also play an important role in Singapore’s economic and industry transformation plans set out by the Future Economy Council and Emerging Stronger Taskforce.

Since the 2013 IP Hub Master Plan, Singapore has made great strides in building an IP ecosystem that supports innovation activities, and is well-connected to global markets. At the same time, the global economy has evolved significantly, where IA and IP have increased in prominence as drivers of economic growth. As a result, enterprises need to be equipped with the tools and know-how to manage their IA/IP effectively for growth.

These developments present an opportunity for Singapore to build on our firm foundations as a legal, financial, and modern services hub and leverage IA/IP to fuel the next bound of value creation and growth.

SIPS 2030 consists of three main focus areas, each addressing a different aspect of Singapore’s economy – i.e., supporting international activities, growing local enterprises, and building a high-calibre workforce.

SIPS 2030 Infographic

The successful implementation of SIPS 2030 requires the collective efforts and energy of all stakeholders. We are excited to share our plans with you, and welcome your feedback and contributions. Let us work together to realise a brighter, IA/IP-driven, future for Singapore.

Get in touch with us to provide feedback, or for enquiries on SIPS 2030 at


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SIPS 2030 Comprises Three Inter-linked Thrusts



We aim to constantly review our IA/IP regime to ensure that our laws and processes are relevant and conducive for business growth.



Singapore has made significant moves to support enterprises in creating and protecting, managing, and commercialising their IA/IP assets.


Our goal is to create job opportunities for Singaporeans and increase the value of their IA/IP skills and competencies.

Download SIPS report

Media Release & Speeches