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A startup founder’s dilemma

Is IP protection critical for a startup to survive in Singapore today?

    • For many startups, IP isn’t merely a legal formality – it’s the cornerstone of their competitive advantage and future growth.
    • For many startups, IP isn’t merely a legal formality – it’s the cornerstone of their competitive advantage and future growth. ILLUSTRATION: PIXABAY
    Published Fri, Mar 28, 2025 · 05:44 PM

    IMAGINE a scenario where an employee of a promising tech startup – let’s call it DeepSeek – illicitly backs up all the company’s code, cloud infrastructure details, and customer data, and then take it home and begin to hold it, never mind whether he or she eventually shares the codes, ideas, processes and other trade secrets. Today, with deep-tech innovation driving industries forward, would DeepSeek even stand a chance if its core secrets were taken or leaked? This isn’t just a thought experiment; it’s a wake-up call for startups whose survival hinges on the judicial systems that are safeguarding their intellectual property (IP).

    The high stakes of IP theft

    For many startups, particularly those developing cutting-edge technologies, IP isn’t merely a legal formality – it’s the cornerstone of their competitive advantage and future growth. When an employee misappropriates key assets like proprietary code or customer data, the resulting IP theft can cripple the company. Such breaches undermine investor confidence, disrupt business models, and can even force innovative companies to shutter operations before they ever achieve market traction.

    Consider the hypothetical ‘DeepSeek’ whose unique algorithms and cloud-based solutions give it a market edge. Without strict IP safeguards, DeepSeek could lose its ability to innovate or secure funding, as competitors might swiftly replicate its technology, rendering its research efforts obsolete.

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