Mapúa University has secured Philippine government support to set up the second of the Technology Licensing Office, the second of three planned tech transfer and innovation departments.
Mapúa University is set to establish a new tech transfer operation named the Technology Licensing Office (TLO) in conjunction with the Philippine government’s Department of Science and Technology (Dost).
Plans for the office were outlined in a memorandum of agreement document signed by both parties in December 2018. It will be Mapúa’s second commercialisation department, adding to the Innovation and Technology Support Office launched in 2011.
TLO will have oversight of the university’s intellectual property (IP) functions, evaluating the market potential of disclosed IP and formulating the best strategy for taking promising innovations forward.
The office is being supported by Dost’s Technology Transfer Program, which supplies cash and assistance to drive the creation of commercialisation-orientated R&D projects in the Philippines.
Dost’s involvement with the scheme will run until January 2020. It has already appointed a tech transfer officer for the department, which will report to Mapúa’s…
