The Intellectual Property Office of the Philippines (IPOPHL) is urging universities to turn their research into marketable products to bring more locally developed solutions to the public while generating revenue that schools can reinvest in innovation.

“When institutions enable commercialization, several positive gains are created. It brings new revenue streams for universities to reinvest in research and development, helps society gain from better products and services, strengthens industry competitiveness, and opens opportunities for collaborations that make local innovation thrive,” IPOPHL acting director general Nathaniel S. Arevalo said over the weekend.

Academic research translated to real-world applications

The push follows a licensing agreement by the University of San Agustin (USA), an Innovation and Technology Support Office (ITSO) member, which IPOPHL cited as a model for translating academic research into real-world applications.

ITSOs help inventors manage intellectual property, from patent filing to connecting with industry partners.

Under the agreement, USA licensed its patented process for extracting antibiotic compounds from kadios seeds to Maridan Industries Inc. The patent, titled “Methods of Purifying Antibiotic Compounds from Cajanus cajan,” was awarded to lead inventor Dr. Doralyn S. Dalisay and her co-inventors.