Patent applications of residents reached 1,166 in 2017 in Malaysia, according to World Bank. This is 5.14 % more than in the previous year.
Historically, patent applications of residents in Malaysia reached an all time high of 1,353 in 2014 and an all time low of 3.00 in 1966. When compared to Malaysia's main peers, patent applications of residents in Singapore amounted to 1,609, 979 in Thailand and 592 in Vietnam in 2017.
Malaysia has been ranked 31st within the group of 109 countries we follow in terms of patent applications of residents, 10 places above the position seen 10 years ago.
Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention, a product or a process that provides a new way of doing something or offers a new technical solution to a problem.