Patenting activities by developing countries: The case of Malaysia
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Abstract
This study examines the patenting activities in Malaysia with regards to applied for and granted patents in the Malaysian and US patent systems. The evidence shows that the patenting trend is increasing, particularly due to foreign firms' participation in the Malaysian economy. As such, any shock to the economic activities of foreign firms will deter patenting trends. This also indicates that the current local indigenous innovative capabilities are still weak and require better policy intervention to accelerate the inventive capabilities of Malaysia.Patent trends Foreign direct investments Innovative capability Technology distribution Developing countries Malaysia US patents