Intellectual Property Rights (IPR)

In principle, an intellectual property (IP) policy can serve as a powerful stimulus for: 

  • cultural, intellectual and artistic creativity and their commercialisation;
  • efficient adoption and adaptation of more advanced technologies; and
  • continuous learning to meet rising performance expectations.

IP policy can also help to nurture a vibrant culture of creativity and invention, and to ensure a more equitable access and distribution of benefits to all stakeholders in both traditional and newer IPRs. 

Furthermore, IP policy can influence the volume and quality of external trade and investment and facilitate the transfer of advanced, proprietary technologies. IP creativity is a major determinant of local value add and external competitiveness.

Regional cooperation in IPR has been guided by the ASEAN IPR Action Plan 2004-2010 and the Work Plan for ASEAN Cooperation on Copyrights, which aim to develop a culture of learning and innovation supported by a more conducive IP environment for businesses, investors, inventors and creators in ASEAN. 

In addition, these plans are designed to promote public awareness of IP issues, coordination and networking, predictability, capacity building, and contributions of IP industries to competitiveness and development.