๐Ÿ’ก Did you know that only one-third of patent applications in Malaysia are filed by local companies ๐Ÿ‡ฒ๐Ÿ‡พ. The rest are filed by foreigners and foreign business entities, which means we are still importing technologies. In a more developed country, it can be seen that more patents are filed compared to trademarks. Hence, there is still a wide room for growth in terms of the field of patents.

๐Ÿ›ˆ Source:https://www.theedgemarkets.com/article/ip-importance-intellectual-property-economic-development