A quest for an effective technology transfer law: An assessment of the Philippine Technology Transfer Act of 2009

• Main Authors: Biag, Kyrene Dennise T., Mallari, Aihruz Lynell A.
• Format: text
• Language: English
• Published: Animo Repository 2011
• Subjects: Commercial Law
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/17764
• Institution: De La Salle University

Technology transfer refers to the process by which one party systematically transfers to another party the knowledge for the manufacture of a product, the application of a process, or rendering of a service, which may involve the transfer, assignment or licensing of Intellectual Property Rights (IPRs). This paper discusses the implications of the recently passed Technology Transfer Act of 2009 (TTA) on the present structure of dissemination of government-funded Research & Development ( R & D) into useful products and services that will redound to the benefit of Filipinos. It discusses ownership and royalties for commercialized R & D, which marks the essence of this act, and how it meets the issues raised by the inventors. At the end of this paper, we aim to identify if the recently passed Technology Transfer Act comply with existing laws on intellectual creation, in addition to the criterion of a sound and comprehensive Technology Transfer Law established by the Intellectual Property Code, Civil Code, The Constitution of the Philippines and expert commentaries and fundamental insinuations for technology transfer capacities.