IP licensing key to unlocking innovation wealth, say experts


Prof Chung (seat third from left) with panellists and participants of the panel discussion. — Courtesy photo

INTELLECTUAL property- backed financing has become a critical tool, with global IP licensing revenues estimated at US$180bil (RM792bil) annually, according to the International Intellectual Property Commercialisation Council (IIPC).

Its Malaysia Chapter president Prof Patricia Chung said, “In an era where innovation is the cornerstone of economic growth, effectively leveraging intellectual property through technology licensing is crucial for transforming ideas into valuable assets and driving sustainable revenue streams.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Metro News

Huawei’s Mate X7 launched, priced at RM8,688
Helping struggling families stay afloat
Parking app gains more users in Iskandar Puteri
Beauty firm ordered to refund client RM195 for 40-minute treatment
Long closure of Klang stadium disappointing
Record-making ‘air balang’ roadshow hits up Kelantan, Terengganu next
‘Extend Chinatown vehicle-free hours’
‘Plan pickleball growth carefully’
Look out for red flags to prevent rental scams
‘Take the stairs’ awareness at 679m

Others Also Read