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IPR protection, commercialization program enters year 2

Monday, July 08, 2019 11:53 PM    Views : 32by:Muriel B. Dizon & Rizalina K. Araral/S&T Media Service

Key people from 14 state universities and colleges (SUCs) and two research and development institutes (RDIs) from various parts of the country have recently learned how to correctly protect their organizations’ intellectual property and commercialize their technologies.

This, after one year of implementation of the program “Developing the Intellectual Property and Technology Business Management [IP-TBM] Operations in Consortia Member Agencies-Batch 2.”

The program is funded by the DOST- Philippine Council for Agriculture, Aquatic, Foresty and Natural Resources and Development, and headed by Grecelda A. Eusebio of the DOST-Forest Products Research and Development Institute.

Intellectual property (IP) refers to creations of the mind that have commercial or moral value. It includes copyrights, patents and trademarks.

Artistic works like music and literature, as well as some discoveries, inventions, words, phrases, symbols and designs, can all be protected as IP.

Protecting intellectual property rights (IPR) boosts economic growth by encouraging the creation of a wide variety of intellectual goods. It achieves this by giving people and businesses legal rights to their creative output.

Technology commercialization, on the other hand, is the process of moving technologies from the research laboratories to the market. One way to do this is to ensure that inventions are converted into products and services that benefit the public.

Since the IP-TBM program started in July 2018, it has already trained 69 people under the Intellectual Property Master Class and Technology Commercialization Mentorship Series, a 12-module intensive seminar on IPR protection and technology commercialization.

According to Eusebio, “The program seeks to strengthen and capacitate the IP-TBM operations of the agencies involved—making sure they are sustainable to help contribute to the country’s social and economic competitiveness in the global rankings.”

Exceeding its expected outputs for Year 1, the program has so far facilitated 254 IPR applications at the Intellectual Property Office of the Philippines, the establishment of IP-TBM offices, and the conduct of a Technology Pitch Day.

Source: https://businessmirror.com.ph/2019/07/07/ipr-protection-commercialization-program-enters-year-2/

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