Ownership of intellectual property is not new even for a developing country like Malaysia. Chief Minister Datuk Seri Panglima Musa Aman said that intellectual property is a new form of wealth that generates value and business profit. “Hence, the government continues to encourage the creation of intellectual property with dynamic initiatives,” he said at the launching of 100 years registration of intellectual property in Malaysia at Magellan Sutera Harbour, today.
Last year, the state government through Sabah Biodiversity Centre signed a Memorandum of Understanding with the Intellectual Property Corporation of Malaysia (MyIPO) to share data in the traditional knowledge and genetic resource in the Malaysia Traditional Knowledge Digital Library (MyTKDL) database.
The MoU, Musa said was one of the efforts to preserve the local heritage and culture as well as helping the community to share the benefits from the traditional knowledge.
“I believe with the smart partnership between the state government and Ministry of Domestic Trade, Cooperatives and Consumerism, MyIPO as well as the other related agencies will increase the total applications of intellectual property from Sabah,” he said.
In his speech, Dato Hasan Malek, Minister of Domestic Trade, Cooperatives and Consumerism said that MyIPO has outlined an intellectual property awareness programme that aims to transform the community from intellectual property users to intellectual property owners such that the ownership of intellectual property among local inventors can become more prevalent.
“In 2012, MyIPO Sabah has organised 21 awareness programmes that targetedinventors, intellectual property agents, higher education institutes, Small and Medium Industry, government and private sectors and public,” he said.
Hasan said that MyIPO seeks to make the community more aware of copyright and the mechanisms by which ownership can be registered and protected.
He also urged MyIPO Sabah branch to disseminate information and advise the public how intellectual property right may be infringed and how it may be protected.
His speech was delivered by his deputy, Dato Paduka Ahmad Bashah Hanipah.