Since the institute’s inception a total of about 2,550 IP (including patent) applications have been filed both in India (1,800) and abroad (750) so far, out of which about 1,100 are registered IPs and granted patents.
The system is not designed to make it more difficult for businesses to hire EP holders, Manpower Minister Dr Tan See Leng and Senior Minister of State Koh Poh Koon have affirmed.