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Date: January 23, 2020 (page 3 of 3)

How many SMEs are there in Malaysia?

98.5% of business establishments in Malaysia are SMEs … cut across all sizes & sectors.

There are 907,065 establishments of SMEs in Malaysia.
SME contributes 36.6% of Malaysia’s GDP in 2016.

http://www.smeinfo.com.my/

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Definition of Patent and Utility Innovation

A patent is an exclusive right granted for an invention, which is a product or a process that provides a new way of doing something, or offers a new technical solution to a problem. A utility innovation is an exclusive right granted for a “minor” invention which does not require to satisfy

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