https://ipo.blog.gov.uk/2016/02/04/boosting-malaysias-national-intellectual-property-system/

Boosting Malaysia’s national intellectual property system

In the summer of 2015, the Organisation for Economic Co-operation and Development (OECD), with our support, published a report called Boosting Malaysia’s National Property System.

Malaysia-blog-image

The report provides an assessment of how Malaysian's national IP system promotes innovation. So how can they improve the design of the system?

This work follows on from a previous report which gives guidance for emerging and developing countries. It asks how they can look at their own IP systems and how it impacts on innovation.

So what does the report conclude? How does the Malaysian IP system contribute to innovation?

The recommendations are:

  • establishment of a co-ordination body that would ensure coherence among different stakeholder initiatives
  • an IP policy that reflects the different needs of users to support innovation
  • develop stronger university-industry relations
  • protection for geographical indicators and traditional knowledge
  • promote with SME’s the use of more ‘accessible’ types of IP, such as utility models, trademarks and design rights
  • introduce SMEs in traditional sectors, as well as larger business with little experience with IP to the benefits of IP
  • support current platforms for IP commercialisation and IP financing initiatives

Kuala Lumpur

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1 comment

  1. Teo

    My predictions is that the millenial demographics will actually popularize rental practice which will marginalize property owners who wish to sell their properties making it a better option to rent out. This is actually the reason why my team and myself developed a platform.

    I was wondering about your opinion on this matter. Do you think these and upcoming generations will drastically change the real estate industry?

    Regards!

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