Friday, January 14, 2011

We need to protect our Intellectual Property.

What is the Intellectual Property (IP) ?

IP is a term referring to a number of diverse types of creations of the mind for which property rights are documented. Under intellectual property law, owners are permitted certain exclusive rights to a variety of intangible assets, such as musical, literary, and artistic works; discoveries and inventions; and words, phrases, symbols, and designs. Furthermore, common types of intellectual property include copyrights, trademarks, patents, industrial design rights and trade secrets in some jurisdictions

In Biotechnology field, it is important for the scientists to aware about their right to protect their new idea, new invention, or new discoveries. Besides that, it is normal for the scientist to PATENT what they discovered because there is value and need to be theirs forever. Typically,a patent is not a right to practice or use the invention. Rather, a patent provides the right to exclude others from making, using, selling, offering for sale, or importing the patented invention.

Moreover, in order to protect the IP, the term Trademark was also used. The term trademark is used informally to refer to any distinguishing attribute by which an individual is readily identified, such as the well known characteristics of celebrities. When a trademark is used in relation to services rather than products, it may sometimes be called a service mark, particularly in the United States.
 
The Intellectual Property Corporation of Malaysia (MyIPO)

As the world getting advance and advance, Malaysia also on the track. Although Malaysia still out-dated in certain areas, in terms of protecting our IP, I can say that, we are quite aggressive. It is because, we have our own IP protection law in Malaysia which is known as MyIPO. Besides that, Malaysia is also a signatory to the Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS) signed under the auspices of the World Trade Organisation (WTO). In addition,  Malaysia provides adequate protection to both local and foreign investors. Malaysia's intellectual property laws are in conformance with international standards and have been reviewed by the TRIPs Council periodically.

After listened to the talk delivered by Associate Professor Dr Rohazar Wati Zuallcobley, I realized that, a lot of things in our daily life should be protected especially the thing that related to the IP. Sooner or later ,there might be a lot of new invention or knowledge which discover by Malaysian, therefore, take the step to protect it otherwise we might lost it forever.

No comments:

Post a Comment