Intellectual Property Management System (IPMS)

Intellectual Property can be defined as the permission to control the use of certain
intangible expression and ideas in a form of entitlement, for an individual. For many
reasons, intellectual property or IP has been playing a major role in many
organizations that promote invention and innovation. The reason of having a good IP
practise is to ensure the idea and work of one particular inventor or innovator will be
secure from infringement and plagiarism. In Malaysia especially, many organizations
still don't have a good IP practise. Those companies tend to neglect the necessity of
having their idea protected and secured.
In order to fulfil the needs of having a simple system that can help organizations to
promote a good IP practise, Intellectual Property Management System or IPMS came
into the picture. The purpose of this system is to act as a hub that can help
organizations to smoothen the procedure of patenting within the premise. Traditional
ways are normally can be related to the use of paper and pen. Inventors and
innovators have to fill a 5-page of form and have to wait for a long period of time
before their idea being approved by the employer. There are many risks when using
the traditional way. The papers went missing, misplaced, tear apart; there are all the
risks that might occur.