Law Made SimpleIntellectual Property LawNote 3 0f 7 Notes
Musbri MohamedDIL; ADIL ( ITM )MBL ( UKM )
What is a Patent?
A patent is an exclusive right granted for an
, which is a
that provides, in general, a new way of doing something, or offers a new technicalsolution to a problem.In order to be patentable, the invention must fulfill certainconditions.
Asian economies are setting a considerable pace in their leading growth in terms of international patent filings.Internationally there is still a healthy growth in the patentsystem, with an exceptionally strong presence from some of the Asian countries. A 4.5% growth in applications filed usingthe Patent Cooperation Treaty (PCT) route in 2007 comparedwith 2006 was reported by the World Intellectual PropertyOrganization (WIPO).A considerable amount of the said filings came from Japan,Korea and China, which constitute 25.8 percent (40,248applications) of the total filings. But many ASEAN countriessuch as Singapore are also experiencing rapid growth asdemand becomes greater. because of a better linguisticdiversity, faster rates of filing in Asia of patent searches for pre-existing work is taking place as more of that is increasinglyin the local languages.