Manage and commercialise intellectual property

Intellectual property (IP) is becoming an important factor in national socioeconomic development, particularly in the context of globalisation and international economic integration. The Vietnam Economic News reports.
Intellectual property (IP) is becoming an important factor innational socioeconomic development, particularly in the context ofglobalisation and international economic integration. The VietnamEconomic News reports.

Recently, the Ministry ofScience and Technology’s National Office of Intellectual Propertyorganised a workshop entitled “Management and Commercialization ofIntellectual Property in Universities and Research Institutions” topromote the commercialisation and management of resources ofintellectual property in Vietnam in the coming time.

Limited commercialisation of intellectual property


According to Deputy Director of the National Office of IntellectualProperty of Vietnam Hoang Van Tan, the establishment of intellectualproperty rights (IPR) as well as the management and commercialisation ofintellectual property have failed to meet expectations. The legalregulations and guidelines for managing intellectual property faced manyshortcomings, along with insufficient awareness and practice of IPR.

In fact, institutions and universities registered veryfew commercialised patents. According to experts, the left-in-drawerresearch results were common for a long time, including the results ofstudies being protected by intellectual property rights. This made thetransfer of technology more difficult and spoiled creativity.

According to Director of Office of Intellectual Property’s Researchand Training Centre Nguyen Van Bay, the management and miningintellectual property at institutions specialising in creatingapplicable research results have failed to meet requirements. There arefew protected patents successfully commercialised.

Le Thi Thu Ha, a lecturer at the Faculty of Economic and InternationalBusiness in the Foreign Trade University, said: “The number of patentapplications in Vietnam has steadily increased about 10 percent annuallyin recent years. However, the number of patent applications filed byVietnamese accounts for only 6-8 percent. One of the reasons is thatmost universities and research institutions are heavily dependent onstate funding, and unable to mobilise additional financial resourcesfrom the private sector.”

Enhanced collaborative research and applications


Experts from Japan Patent Office, Japan Institute for PromotingInvention and Innovation, and Kansai Technology Licensing OrganizationCo., Ltd. attended the “Management and Commercialization of IntellectualProperty in Universities and Research Institutions” workshop and sharedwith Vietnamese partners experience in management and commercializationof intellectual property.

According to IsaoHonzawa, Deputy Director, Information Systems Division, Japan PatentOffice, Japanese universities assume the tasks of scientific research,training, and put the findings into practice.

To dothat, the Japanese Government has launched a number of policies topromote cooperation between companies and universities. For example,companies and universities will join in research projects. Thesecompanies will communicate specific research projects for universitiesand the latter will transfer the research results to the former undersigned licensing contracts.

In the comingtime, the cooperation of the management and commercialization ofintellectual property in universities and research institutes in Japanand Vietnam will be further enhanced, said Isao Honzawa.

According to Le Thi Thu Ha, relationships between universities andbusinesses should be developed to create conditions for the developmentof science and technology markets, obtain benefit from commercialexploitation of intellectual property, and effectively support domesticuniversities in scientific research and development activities.-VNA

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