Malaysia is a South-East Asian nation consisting of sections on the Malay Peninsula and on the island of Borneo, with the South China Sea lying between them. Malaysia’s population of over 30 million works in the world’s 20th most competitive economy (as of 2014-15), with a PPP GDP of $747 billion, making it the third largest in ASEAN and the 28th largest worldwide. Malaysia’s newly-industrialised market economy has consistently posted impressive gains, averaging 6.5% growth per annum over the period 1957-2005.
Over the next few weeks, we’ll be writing a series of guides to the current state of play in the various jurisdictions’ IPR frameworks and the procedures through which SMEs can gain protection for their intellectual property, and, where necessary, enforce their rights.
We’ll be starting the series with Singapore, with perhaps the most developed IP legal system in place and one of the freest and most competitive economies in the world.