Trademark License
Trademark license refers to the process of registering a trademark (including logos, names, symbols, patterns, etc.) with the trademark office or registry to obtain exclusive rights to that trademark. In Malaysia, trademark registration is managed and enforced by the Intellectual Property Corporation of Malaysia (MyIPO).
Here are some important aspects and related procedures of trademark registration:
For example, suppose a new automobile manufacturing company wishes to register their company logo as a trademark. They first conduct a trademark search to ensure that there are no similar trademarks belonging to other automobile manufacturing companies. They then submit a trademark registration application to MyIPO, fill out the application form, and pay the relevant fees. After conducting a preliminary examination, MyIPO accepts the application and publishes the trademark in the official gazette. After the publication period ends without any objections, the trademark is successfully registered, and a trademark registration certificate is issued to the automobile manufacturing company.
In summary, trademark license provides businesses with exclusive rights to their trademarks, protecting their commercial brands and intellectual property. By legally registering and protecting trademarks, businesses can build brand value, enhance competitiveness, and prevent others from misusing their trademarks.