KUALA LUMPUR: Financial institutions and capital market players have been urged to recognise intellectual property (IP) as collateral, particularly to improve financing access for small and medium-sized enterprises (SMEs) and start-ups.
Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali said intangible assets are increasingly outpacing physical assets in determining corporate and national competitiveness.
“Malaysia cannot remain on the sidelines of this reform and must develop a valuation ecosystem that is reliable, transparent and aligned with global standards.
“It requires not just skilled valuers, but also a shift in mindset among institutions that drive economic growth,” he said.
His speech text was delivered by Intellectual Property Corporation of Malaysia (MyIPO) board member Syed Ahmad Abdul Rahman at the graduation ceremony of MyIPO’s Intensive Intellectual Property Valuer and Examination programme.
Armizan said leading innovative economies are those whose financial systems recognise the value of intangible assets, adding that Malaysia now has a growing pool of trained IP valuers and an emerging valuation framework through MyIPO. – BERNAMA
He said the government is reviewing amendments to Act 617 to strengthen the regulatory framework and position Malaysia among the first ASEAN countries to officially recognise IP valuers.
Malaysia is also deepening institutional collaboration with the World Intellectual Property Organization (WIPO), ASEAN, universities and industry players to build a sustainable professional valuation ecosystem.
At the ceremony, 35 individuals were certified as IP valuers, marking a milestone in efforts to strengthen the country’s intellectual property and knowledge-based economy. – BERNAMA
