This paper reviews the role played by a company�s internal R&D in stimulating operational\r\nperformance of a manufacturing company, which is moderated by intellectual property rights\r\n(IPR), particularly patents, in Malaysia. The constructs of this paper are based on a comprehensive\r\nreview of recent literature on internal R&D and operational performance moderated by patents. A\r\ndetailed discussion revealed implications on policy making, especially for government or related\r\nauthorities in promoting and enforcing IPR. IPR policy especially regarding patents should be part\r\nof a company�s business strategy. Implementing IPR will safeguard new invention, innovation, or\r\nprocesses in the long run. Furthermore, the company may gain benefits in creating new business\r\nopportunity during various patenting stages. The environment and conditions for R&D activity\r\nhave changed significantly in the last decade. Thus, effective practice of internal R&D gives\r\nadvantage to the company from three different aspects; namely, the ability to develop and grow\r\ncritical human resource, dynamic involvement in the corporate R&D programme, and the ability to\r\nconnect information. Therefore, the relationship between internal R&D and operational\r\nperformance moderated by IPR would encourage the betterment of the company in the future. In\r\nsummary, this paper highlights the importance of internal R&D toward operational performance of\r\na company moderated by IPR, as well as reviews the latest literature from the perspectives of\r\nsustainability and innovation.
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