Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Intellectual property (IP) is a critical issue in the Malaysian manufacturing industry, where companies invest substantial resources in research and development to create new products
Intellectual property (IP) is a critical issue in the Malaysian manufacturing industry, where companies invest substantial resources in research and development to create new products and processes. Without IP protection, companies may be less likely to invest in innovations, which can ultimately hurt the overall competitiveness of the industry. Therefore, the Malaysian government has implemented various laws and regulations to protect IP, including patents, trademarks, and copyrights, to encourage companies to innovate and invest in research and development. By protecting intellectual property, companies can gain a competitive advantage and increase their market share. Additionally, IP protection can encourage collaboration and licensing deals between companies, leading to increased innovation in the Malaysian manufacturing industry. I. Give your opinion on how intellectual property can help or hinder innovation.|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started