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Daren Tang

Director General at World Intellectual Property Organization – WIPO

Daren Tang is a highly accomplished individual with a diverse educational background and extensive experience in the field of intellectual property and law.

He holds a LL.B in Law from the National University of Singapore, a LL.M in International Law with a focus on International Economic Law from the Georgetown University Law Center, and a degree in Business Administration from the prestigious Harvard Business School.

Daren Tang has held significant leadership roles throughout his career, including serving as the Director General of the World Intellectual Property Organization (WIPO). Prior to his current position, he served as the Chief Executive and Deputy Chief Executive of the Intellectual Property Office of Singapore (IPOS), where he played a key role in shaping Singapore's intellectual property landscape.

Before his time in IPOS, Daren Tang worked as a Senior State Counsel at the Attorney-General's Chambers in Singapore, showcasing his legal expertise and dedication to public service.

With his wealth of experience in intellectual property and law, Daren Tang continues to be a prominent figure in the global intellectual property community, driving innovation, and fostering creativity.

Daren Tang's educational achievements and professional background underscore his commitment to excellence and his passion for advancing intellectual property rights and law on both national and international levels.

Highlights

Aug 27 · linkedin

Science and technology clusters are the foundation of strong national innovation ecosystems.

Home to prestigious universities, pioneering scientists and R&D-driven enterprises, these hubs not only generate transformative ideas, they have the expertise and networks necessary to bring them to market so that they become real-world solutions.

But where are these leading clusters located? And in which areas do they excel?

To provide answers, the team behind WIPO’s Global Innovation Index (GII) tracks and ranks the top 100 clusters worldwide.

Today, we present the 2024 edition, with these as my top takeaways:

• Sustained excellence: the top of this year’s rankings are remarkably stable. Tokyo-Yokohama is once again the leading cluster, followed by Shenzhen-Hong Kong-Guangzhou. The only change within the top 8 sees Beijing overtake Seoul into third position.

The same holds when clusters are ranked by S&T intensity. Cambridge maintains its position at the top, with San Jose-San Francisco remaining second. In what is the sole shift in the top 5, Eindhoven moves into third place ahead of Oxford.

• Rising middle: but beyond this, it’s clusters in middle-income economies growing the fastest. China’s Hefei and Zhengzhou saw the sharpest increases in S&T output last year, followed by Cairo, Chennai and Istanbul. This reinforces a broader trend that WIPO has been observing for some time – the rise of select emerging-economies as powerful innovation engines.

• IP as a driver: IP is vital to cluster success. IP enables collaboration between innovation actors. It fuels cluster development, generating revenue and crowding-in top talent. And it attracts the investments needed for businesses to grow and scale.

And this is not just a story of patents. It’s also about trademarks and designs, and their vital roles in business development, brand creation and turning research into real-world products that are marketable and saleable.

• Commercialization is key: while S&T rankings capture some of the foundational aspects of an innovation ecosystem, success is far more complex.

The litmus test remains IP commercialization and the ability of these clusters to translate promising ideas into tangible products and services. That goes beyond S&T Clusters into a much broader question on the innovation ecosystem, which the GII attempts to measure.

• Growing impact: at today’s launch event at IP Week in Singapore, we heard from Minister Edwin Tong, alongside Ms. Sanae Takaichi, Japan's Minister in charge of Economic Security and Science and Technology Policy and Mr. Yin Ying, the Mayor of Beijing.

Their involvement is a testament to the growing impact of these rankings and the role of S&T clusters in powering national innovation ecosystems.

Keep an eye out for further insights, when we release the full GII on September 26th, and my thanks to everyone who participated in today’s launch.

More: https://lnkd.in/eNBk8unr.

Jun 25 · linkedin

Sometimes the most powerful forces are unseen. One of the great economic shifts in recent times is the quiet revolution in value creation from tangible assets (like factories, inventories and equipment) to intangible ones (like brands, designs, software and data).

Yet despite their growing economic impact, policymakers and others have a less comprehensive understanding of the size and composition of intangible assets than you might think.

To help bridge this knowledge gap, WIPO today releases a new report – the first-ever World Intangible Investments Highlights – to back observation with hard data in support of innovation-led growth.

Produced in partnership with Luiss Business School, we find that aggregate investment in intangible assets has grown three times faster than investment in tangible assets over the past 15 years, to reach $6.9 trillion in 2023.

Investment in intangible assets has also proven more resilient to recent economic downturns and tighter monetary conditions, contributing a growing share of GDP among the 26 economies studied.

At the national level, while advanced economies like Sweden, the US and France are the most intangible asset-intensive relative to GDP, this trend extends beyond high-income economies. For instance, between 2011 and 2020, India recorded the fastest growth in intangible investment, as its economy shifted towards an innovation-driven development model (more developing countries will feature in future editions of the report).

This tallies with findings from WIPO’s Global Innovation Index, which uses firm-level data to reveal that as well as India, Türkiye (9th), Indonesia (13th) and Mexico (15th) are among the top 20 economies by intangible-asset intensity.

By showing which countries are investing the most in intangible assets, the report’s data and analysis make an important contribution to a critical research area. But these findings are not just for experts. In addition to economists, researchers and policymakers, the report will interest those eager to better understand intangible assets – and the critical role they play in driving innovation and economic growth.

More: https://lnkd.in/eWBr8Evi

#WIPO #Intangibles #IntangibleAsset #IntangibleAssets

Daren Tang
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Location

Switzerland