THE GLEANER | SUNDAY, MAY 4, 2025 VIII INTELLECTUAL PROPERTY WEEK 2025 FEATURE | Intellectual Property Rights (IPRs) are important tools to foster a culture of innovation. A patent is the granting of an intellectual property right by the Government to an inventor for an invention. This grant provides the inventor exclusive rights to the patented invention for a 20-year period in exchange for a comprehensive disclosure of the invention. A patent can play a major role in your company’s development and success. An individual or company that holds a patent has the right to prevent others from making, selling, retailing, or importing that technology. This creates opportunities for inventors to sell, trade or license their patented technologies with other entities who may want to use them in their own business. Patents, or even patent applications, often serve as a signal to potential investors that your business is worth investing. A granted patent serves as an independent evaluation that your innovation brings something distinctive and innovative to the market. Recognise the potential of patents to drive the economic development of your business. Contact JIPO and we will be happy to guide you through the process of obtaining a patent. JASON WONGSAM Assistant Patent Manager ‘Feel the beat of IP’ Patents the beating pulse for SME’s Success Chris Malachi performing at Beats and Brand Live Concert. JIPO and JaRIA Original Song Competition winner, Annae Campbell performing at the Beats & Brands Live Concert.
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