Protecting Of Innovation : Challenges And Ways Of Improvement In Smes Melaka

Hasiron, Mohd Adli (2018) Protecting Of Innovation : Challenges And Ways Of Improvement In Smes Melaka. Project Report. UTeM, Melaka. (Submitted)

Text Protecting Of Innovation Challenges And Ways Of Improvement In Smes Melaka - Mohd Adli Hasiron - 24 Pages.pdf - Submitted Version Download (251kB)

Abstract

Technological innovation is something that is very important today. It is indispensable to small firms and big firms. Technological innovations contribute substantially to the country's economy and social. The study aims to examine appropriate intellectual property rights to protect innovation in small and medium enterprises as well as to see the challenges faced by these small and medium enterprises in implementing intellectual property rights to protect their innovation. In addition, the objective of this study is to examine the rate of increase that can be achieved through the protection of intellectual property rights over innovation created by this small and medium enterprise. This SMEs contribution is huge and to achieve national goals, SMEs must respond to the challenges they are facing. The government has set up various agencies to assist SMEs in terms of knowledge and training as well as the national budget has allocated a large amount to encourage business individuals and as additional capital to SMEs to create new innovations to strengthen their country's economy as well as their own SMEs. The contribution of this study is to those who are closely linked to innovation in SMEs to be more aware of the implementation of intellectual property rights in any innovation or creation. In conclusion, this study will see whether the SMEs chooses to continue to face challenges or against the flow to obtain enhancements from various aspects of the implementation and adoption of intellectual property rights with maximum rates. Any future opportunities that can help SMIs to improve the way in protecting intellectual property must be taken to ensure that all SME efforts in the creation of technological innovation do not end in vain. SMIs need to act fast in a short-lived technology cycle.

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