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Intellectual Property Academy opens

The Intellectual Property Academy (IPC) began operations yesterday with the aim of teaching 1,000 professionals annually how to help corporations create, protect and use the fruits of intellectual property.

The academy, which was established by the Ministry of Economic Affairs, began operations after a plaque-unveiling ceremony at the academy's office on the National Taiwan University campus. The ceremony was presided over by Tsai Lien-sheng (蔡練生), director-general of the ministry's Intellectual Property Office and National Taiwan University (NTU) president Lee Si-chen (李嗣涔).

Tsai said that Taiwan spent US$13.4 billion on high-tech research in 2003, accounting for 2.46 percent of GDP, the ninth-highest ratio in the world.

Taiwan saw 72,000 patent applications filed last year, including the third-highest number of patents approved in the US, Tsai said.

The academy will establish strategic alliances with various universities around the country and will coordinate the efforts of NTU and domestic enterprises to promote the cultivation of experts in the field of intellectual property, a ministry official said.
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