Relationship between internal R&D and operation performance moderated by intellectual property rights in Malaysia

• Main Authors: Anuar, Herman Shah, Zulhumadi, Faisal, Mohamed Udin, Zulkifli
• Format: Conference or Workshop Item
• Language: English
• Published: 2012
• Subjects: HD28 Management. Industrial Management; TS Manufactures
• Online Access: http://repo.uum.edu.my/5750/1/Herm.pdf; http://repo.uum.edu.my/5750/; http://www.ictom2012.uum.edu.my/

The purpose of this paper is to review roles played by firm's internal R&D in stimulating operation performance of manufacturing firms moderated by intellectual property rights particularly patent in Malaysia.The construct of this paper is based on results of correlation between internal R&D and operation performance moderated by Intellectual property rights (patent).Detailed discussions follow to give implications in policy making especially government or related authorities in promoting and enforcing intellectual property rights.Intellectual property rights policy especially regarding patents should be part of firm's business strategy.Implementing IPR will safeguard firm's new invention, innovation or processes in the long run.Furthermore, firm may gain benefits in creating new business opportunity during various patenting stages. Effective practice of internal R&D will give advantage to the firm in three different aspects namely ability to develop and grow critical human resources, dynamic involvement in the corporate R&D program and ability to connect information wise.Therefore, relationship between internal R&D and operation performance moderated by TPR, will encourage for betterment of firms in the future. This paper provides the importance of internal R&D towards operation performance of a firm moderated by intellectual property rights.