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Lab_researcher_Phillippines_Flickr_IRRI_Images.jpg[CEBU, PHILIPPINES] The Philippines has introduced new intellectual property rights legislation in an attempt to get the fruits of government-funded research out of laboratories.

The Philippine Technology Transfer Act of 2009, which took effect this month (May), makes research and development (R&D) institutions the default owner of intellectual property rights (IPR) arising from the results of government-funded research.

This means scientists will now be allowed to create, manage or serve as consultants to companies that can commercially exploit technology arising from their government-funded research.

To read the full, original article click on this link: Philippines launches law to encourage tech transfer - SciDev.Net

Author: Theresa V. Ilano