Intellectual Property (IP) constitutes the foundation in protecting an enterprise’s R&D and innovation. It is also an important mechanism in safeguarding business opportunities. In light of the Covid-19 pandemic and an intensifying US-China trade war in 2020, IP is the core driver in enabling enterprises to stand out amid the rapidly changing and unpredictable global situation. In light of this, the Industrial Development Bureau under the Ministry of Economic Affairs (MOEA) and Industrial Technology Research Institute (ITRI), together with the world-renowned IP magazine Intellectual Asset Management (IAM), held the third edition of IPBC Taiwan at the 2020 Taiwan Innotech Forum. This year’s event was held as a webinar, in which over 300 IP strategists from Taiwan and overseas, R&D heads, and government officials engaged with each other online. They shared practical experiences in managing IP business strategies, thereby assisting Taiwan industry in seizing growth opportunities and enhancing their IP competitiveness.