IPR in Macao for SMEs: Background

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SMEs are business es which have fewer than 250 employee s and turnover of
less than EUR 50 million or balance sheet total of less than EUR 43 million.
SMEs represent 99% of all enterprises in the EU, and account for about
70% of jobs. Their exibility and growth potential is seen as a major motor
of future innovat ion and job creation, which is pivota l for the prosperity and
economic compet itiveness of Europe as a whole.
2. IPR in Macao for SMEs: BACKGROUND
Intellectual Property Rights for SMEs: Why is this RELEVANT to you?
Intellectual Property (IP), as intangible assets, are a key factor in the
competitiven ess of your business in the global econ omy. IP is a primary method
for securing a return on investment in innovation and is particularly relevant
to Small and Medium-sized Enterprises (SMEs), as they internationalise their
business to areas such as Macao. Although SMEs oen have limited time and
resources, it is imp ortant to be aware of how I P can be valuable to your busine ss.
Not only a way to help you prot ect your innovations from comp etitors, IP assets
can also be an important source of cash-ow for SMEs through licensing deals
or sale of IP rights, as well as a signicant pull-factor when attracting investors.
Intellectual Property Rights (IPR) infringement is one of the most common
concerns for business es when dealing with count ries across Asia, and its i mpact
on your company could be substantial. It can lead to loss of business, revenue,
reputation and competitive advantage, which aects SMEs both abroad and in
their core domestic markets, and the inadequate protection of inventions and
creations can jeo pardise prospects for maint aining a competitive advant age.
How does Macao’s IP legal framework compare to INTERNATIONAL
STANDARDS?
Macao law protects the various forms of Intellectual Property and complies
with the standards set in the main international conventions. Macao was a
founding member of the World Trade Organisation (WTO) and, besides the
Trade-Related aspects of Intellectual Property Rights (TRIPS) Agreement,
abides by the followin g treaties: Berne Convent ion for Protection of Literar y and
Artistic Work s, Paris Convention for the Protection of Industrial Property, World
Intellectu al Property Organisat ion (WIPO) Copyright Treaty, WIPO Per formances
and Phonograms Treaty, Universal Copyright Convention and Nice Agreement
on the International Classication of Products and Services.
As a Special Administrative Region of the People’s Republic of China,
Macao has a high degree of autonomy and will retain its own legal
system until 2047.
IP TIPS and WATCH-OUTS
in Macao
Macao is a Special Administrative
Region of the People’s Republic
of China. It enjoys a high degree
of autonomy, including its own
Court of Final Appeal, and it has a
separate IP system.
Registering your patents or trade
marks in China doesn’t give you
protectio n in Macao, and vice-versa.
It is not possible to apply for
the registration of a patent or a
trade mark in Macao through the
existing channels for international
registration – you must le your
application locally.
Nationals of countries that are
members to the WTO, to the
Berne Convention or to the Paris
Convention are ac corded the same
protection as Macao residents.
The appointment of a local
attorney is mandatory for
registration applicants that are
not based in Macao.
More information on Intellectual
Property in Macao, as well
as downloadable forms, are
available in English, Portuguese
and Chinese at the Intellectual
Property Department of Macao
Economic Bureau website: https://
www.economia.gov.mo/en_US/
web/public/pg_ip?_refresh=true
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