Innovation & Creativity is one of the key component for a sustainable society. Intellectual Property Rights (IPR) are the key to safeguard contributors effort as well as improvement and wealth generation, from the threats of counterfeiting, plagiarism, infringement and other forms of unlawful conduct.
EUMCCI was the organiser for the “In Conversation With” series – Safeguarding Creativity: Empowering Science & Innovation in Malaysia. This is in collaboration with Italian Malaysian Business Association (IMBA) With keynote address by YBhg Dato’ Mohd Roslan bin Mahayudin, Director General of Intellectual Property Corporation of Malaysia (MyIPO).
This series dive deep into the Malaysian IPR landscape to understand further into the legal processes involved in solidifying protection for patents, brands, copyrights and trademarks.
Dato’ Mohd Roslan the Director General for MyIPO had underlined six initiatives in safeguarding the innovation chain in Malaysia through new developments in IPR protection. “Malaysia is a signatory of the Berne Convention which entails international copyright protection and the Paris Convention which covers patents, trademarks, industrial designs, utility models, service marks, trade names, and geographical indications. We are also a signatory of the Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS),which allows countries to take up legal measures within their own capacity in enforcing Intellectual Property Protection.”
The Director General added that “In 2018, the Intellectual Property Rights Index that measures the strength of physical property rights, intellectual property rights, and the legal and political environments that contain them, ranked Malaysia 34th out of 125 economies. While we were ranked 7th out of 19 economies in the region, we top the list amongst the developing countries in the region”.
The EU-Malaysia Chamber of Commerce and Industry (EUMCCI) represents the voice of the EU business community in Malaysia. EUMCCI is also the lead applicant of an EU co-funded project ‘Support for European Business in South East Asia Markets-Malaysia’ (SEBSEAM-M).