IMPACT : Towards strategic Tech Commercialization

Date Posted: November 20, 2020 at 03:07 PM

Technology commercialization is becoming one of the major targets of Adamson University in the coming years, with its pioneering project and spin-off company, Envigor, already taking-off. To add to this feat, the Department of Science and Technology (DOST) approved another grant for AdU’s IP Management Program for Academic Institutions Commercializing Technologies (IMPACT) project.

The project features a P4.26-million budget and spans throughout 2021. The Philippine Council for Industry, Energy and Emerging Technology Research and Development – Grant in Aid (PCIEERD-GIA) will be shouldering 77% of the implementation funds, while the remainder of the total spending will be compensated by the University.

Led by Engr. Raymond Raguindin, the research team aims for the establishment and development of university-based Technology Transfer Processes amid the gaps in the present system such as limited R&D project output for IP and commercial evaluation, low number of commercial technologies, low adoption rate of university produced technology by the industry, lack of personnel and lack of policy on licensing and negotiations.

“The participation of Adamson University in [the IMPACT] project will hasten the achievement of University’s Strategic Plan targets on commercializing its produced technologies/researches,” the research team wrote in the proposal sent to and approved by the DOST.

“This project will assist and capacitate the existing Technology Transfer Office (TTO) in a seamless technology transfer loop through efficient processes and protocols and adequate amounts of resources for its operations.”

In response to existing technology transfer situations in AdU, the researchers proposed the continuation of a university – wide awareness program for researchers, faculty members and students covering IP protection, IP commercialization and Technology Transfer.

This study will push for device IP identification, protection, process and strategies; implementation of strategies and protocols to increase number of commercial technologies; strengthening academe-industry partnership; create of positions for KTTO staff; and the formulate additional policies and procedures to improve the negotiation process.

In turn, the community, industries, and inventors may expect the finalization of a sustainability plan during the first quarter of 2021 along with the needed action plans within the project time frame; continuation of  University-wide awareness program for IP; and creation and organization of a formal committee to manage the needs of the TTO, engagement to networking events and round table discussions on potential R&D collaborations, and provision of attractive incentive packages for TTO officers as a career path.