THE growing need for business to secure its trade secrets and Intellectual Property (IP) in an increasingly digital, post-COVID-19 world has prompted the Intellectual Property Commercialisation Council (IIPCC) to organise its inaugural MyIPComm22 Conference.
Held on May 27, 2022 at the Asian International Arbitration Centre in Kuala Lumpur, the hybrid event saw the attendance of over 1,000 participants from Malaysia and around the world.
The key focus of this ground-breaking conference is to raise awareness of IP as a key asset class for business growth and economic development, and to connect IP-rich companies with the financial support they need to expand their businesses.
The conference saw key figures and experts in the IP field discussing topics such as Traditional and Non-Traditional IP Disputes, Fintech, Non-Fungible Tokens (NFTs), the Metaverse, Artificial Intelligence, IP in the IR4.0 and current trends, among others.
Keynote and panel speakers include Judge Ou Xiu Ping, the Deputy Chief Judge of the Intellectual Property of the Guangdong High People’s Court and the Vice President of the Shantou Intermediate People’s Court; Jari Vaario, Head of Asia Patent Transactions & External Alliances, of Nokia; and Deborah Biber, Certified Advisory Board Chair, Board Member of the Pacific Basin Economic Council (PBEC) and Chairman of the UN ESCAP Sustainable Business Network’s Digital Economy Task Force.
Also in attendance were Dato’ Seri Wong Siew Hai, President of Malaysia Semiconductor Industry Association-MSIA & former Vice President of Technology and Manufacturing Group of INTEL; Patricia Chung, the President of IIPCC Malaysia; Soh Eng Hooi, Forensic Accountant from EH Soh & Partners, Michael Lim from Crowe Global Consulting, and Bahari Yeow, Partner of Messrs GanPartnership (former Head of Intellectual Property Department of Lee Hishammuddin Allen & Gledhill-LHAG).
“We will move up the value chain with the strengthening of the IP ecosystem to attract high quality FDI, as well as advanced technology transfer,” commented Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi before officiating the conference.
“With IIPCC Malaysia being the key player within this aspect, I’m sure the IP ecosystem will thrive and in return boost confidence and attract investments to enhance domestic trade in Malaysia.
“With the right balance between interests of innovators and the broader public interest, the IP ecosystem can foster an environment in which creativity and innovation can flourish; the idea of transforming intangibles into economic tradable assets is becoming a true reality and accessible to everyone.”
Meanwhile, Small and Medium Enterprises Association (SAMENTA) president Well Kam commented that understanding Intellectual Property is crucial for any business now as the concept itself is an important part of the country’s economic system.
“Companies and organisations can leverage this concept to scale their businesses further and cement their positions within the industry. This conference will be the door that opens to opportunities in which we can harvest IP’s potential,” he said.
The conference, organised under the banner of MyIPComm22 is supported by main stakeholders including SAMENTA, the Malaysia Semiconductor Industry Association (MSIA) and Technology Depository Agency (TDA). – May 30, 2022
