The crawling pace of new patent registrations could affect Malaysia’s competitiveness in the global marketplace.
More than 33,000 patent applications were filed with the Malaysian Intellectual Property Corporation from 1999 to last year, but only about a quarter have to date been approved for registration.
The current situation is at odds with the huge economic opportunities that are arising from innovation and intellectual property ownership, especially in the information technology (IT) industry.
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Posted by: David Oh on 4/4/2005 6:51:45 PM