TECO Passes IP Management Certification
TECO Electric & Machinery Co., Ltd. passed TIPS (Taiwan Intellectual Property Management System) certification on Dec. 30, 2021, affirming the quality of its IP management scheme, in terms of IP acquisition, protection, and upholding.
The certification, at A grade, results from the company's years-long effort in IP management, as embodied by its IP management plan, which, as part of its annual business plan, calls for regular report on its execution to the board of directors, as well as the regulator, general public, and stakeholders, via disclosure on website and in annual report. In order to effectively implement the IP management system, the company has adopted a number of measures, including formulation of criteria for patent and trademark upholding and evaluation, IP-risk prevention measures in procurements, and education and training.
TECO points out that to cope with rapid changes in technology and industry, it will mobilize all the employees to engage in IP upholding and management, so as to enhance corporate competitiveness.