Patenting Costs in ASEAN: Upcoming Global Economic Powerhouse

Published on 3 March 2019

Founded in 1967 by Indonesia, Malaysia, the Philippines, Singapore, and Thailand, the Association of Southeast Asian Nations (ASEAN) is a regional organization that aims to "accelerate economic growth, social progress, and sociocultural evolution among its members." The organization's membership has subsequently expanded to ten, with the induction of Brunei, Cambodia, Laos, Myanmar, and Vietnam.

Collectively, the ten economies constitute an economic powerhouse; the ASEAN Economic Community (AEC) was the third largest Asian economy and the seventh largest global economy in 2014, as per the ASEAN website. Further, the AEC is expected to grow at a feverish pace of 7% per annum and is touted to be the fourth largest economy in the world by 2030 (Ken Moriyasu; 2016).

Read More Here:
http://www.ipwatchdog.com/2017/04/07/patenting-costs-asean-upcoming-global-economic-powerhouse/id=81695/