Boosting Malaysia's National Intellectual Property System for Innovation
In order to attain its objective of becoming a high-income economy by 2020, Malaysia is engaged in efforts to enhance the performance of its innovation system. A range of challenges need to be addressed and different policy tools can help in this respect. For this purpose the national intellectual property (IP) system can play a pivotal role. This review assesses how Malaysian's national IP system promotes innovation and offers recommendations to improve the design of the system. It does so by analysing the organisation and governance of Malaysia's IP system as well as opportunities and challenges for different local users - ranging from small businesses to frontier companies and public research institutions. Moreover, the review discusses the state of IP markets in Malaysia and related policies and provides a comprehensive set of statistics describing the use of IP in Malaysia in recent years.
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Overall assessment and recommendations
This chapter presents the overall assessment of Malaysia’s intellectual property (IP) system and specifies recommendations that can help enhance its contributions to innovation. It provides an overview of the context in which IP policy is made, including the mandates of different government ministries, the composition of Malaysian industry, and the needs, usage, development and attitudes toward IP of different industries and research institutions. Major recommendations include the need to consolidate IP policy making powers within the government, with a strong secretariat providing support; to encourage the use of cheaper and easier-to-access IP rights; to improve collaboration and information sharing between research institutions and industry; and to increase knowledge about, and the use of, IP among smaller businesses and smallholders.
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