Time of Event

9:00-11:10 Tokyo time

Summary

Innovation is crucial to resilient, inclusive, and sustainable economic growth and prospects for early COVID-19 recovery in Asia and the Pacific. Patents are essential tools for driving innovation in the region, incentivizing innovators with certain exclusive rights and fair returns, and disclosing information on new breakthroughs to the public. However, creating a strong patent system that can ensure the integrity of innovators' work is highly costly and will require greater prioritization of intellectual property policy and resource mobilization.

Cohosted by ADBI, the Korean Intellectual Property Office (KIPO), and United States Patent and Trademark Office (USPTO), this workshop examined the role of patents in in enabling innovation and COVID-19 recovery in Asia and the Pacific. Session 1 discussed patent-innovation dynamics and ways to improve patent systems for innovation-driven growth. Session 2 described cost-effective patent institutions and information systems, and best practices for enhancing the region’s patent regimes.

Objectives
  • Highlight synergies between patents and innovation and how patent systems can promote COVID-19 recovery
  • Exchange policy experiences and best practices for boosting patent regimes and international cooperation and governance
Target Participants
  • Policy makers from ADB member economies and researchers and experts from think tanks, universities, and international organizations
Output
  • Greater understanding of how patent development can strengthen innovation and recovery after COVID-19
  • Intensive dialogue and network building between policy makers and experts Presentations featured during the workshop will be uploaded on the ADBI website
Partners
  • Korean Intellectual Property Office
  • United States Patent and Trademark OfficeAsian Development Bank
Conference Presentations*

Session 1.1: An Economic Overview of Patent's role in Innovation
Presenter: Nicholas Rada, Deputy Chief Economist, United States Patent and Trademark Office (USPTO)

Slide

Session 1.2: Patents - Driving Innovation
Presenter: Minna Moezie, Senior Patent Attorney, USPTO

Slide

Session 1.3: Case Study: Singapore IP Strategy 2030
Presenters: Walter Chia, Deputy Director, Intellectual Property Office of Singapore

Slide

Session 2.1: IP and Economic Growth
Presenter: Soowon Lee, Senior Advisor, Lee International IP & Law/Former Commissioner of Korean Intellectual Property Office (KIPO)

Slide

Session 2.2: JPO’s Initiatives for Reforming Patent Systems to Advance Innovation in Japan
Presenter: Yuji Yamasaki, Assistant Director, International Policy Division/International Cooperation Division, Japan Patent Office (JPO)

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Session 2.3: IP Beyond the Universe
Presenter: Ji-woon Jeong, Intellectual Property Trial and Appeal Board

Slide

Session 2.4: Patent Information, the Key to Success in Knowledge Society
Presenter: Jinseok Park, DARAE Law & IP Group

Slide

*Disclaimer: The views expressed in these presentations are the views of the authors and do not necessarily reflect the views or policies of the Asian Development Bank Institute (ADBI), the Asian Development Bank (ADB), its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in these presentations and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.

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