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Vol. XXVI, 4th Quarter
October – December 2008

FAQ on the Technology Transfer Bill

WHY IS THERE A NEED FOR A TECHNOLOGY TRANSFER LAW?

WHAT IS THE TECHNOLOGY TRANSFER BILL?

The principal sponsors of HB 5208 and SB 1721 are Rep. Joseph Emilio A. Abaya (1st District, Cavite) and Sen. Edgardo J. Angara, respectively.

WHAT IS THE OBJECTIVE OF THE BILL?

WHAT IS THE SCOPE OF THE BILL?

WHAT ARE THE SALIENT PROVISIONS OF THE BILL?

WHO WILL OWN THE IPRS FROM THE RESEARCH FUNDED BY GFAS?

HOW WILL THE REVENUES FROM TECHNOLOGY COMMERCIALIZATION BE SHARED?

HOW WILL THE REVENUES FROM TECHNOLOGY COMMERCIALIZATION BE UTILIZED?

WHAT IS A SPIN-OFF COMPANY?

HOW DOES A SPIN-OFF COMPANY ENSURE COMMERCIALIZATION OF IPRS?

WHAT IS A TECHNOLOGY INFORMATION ACCESS FACILITY?

WHAT IS THE IMPORTANCE OF TLOS?

WHAT IS A PUBLIC ACCESS POLICY?

The original Bill filed by Rep. Joseph Emilio A. Abaya was HB 3270. Following amendments and revisions in the approved House committee version, it was re-filed as HB 5208. For more information about the Bill, visit www.pcarrd.dost.gov.ph