Page 32 - Annual Report 2020
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ers is felt in the region due to low thru adoption of the University’s
productivity, high cost of inputs, generated technologies, ISU has
lack of post-harvest facilities, seen it fit to formalize policy on
climate change and other negative University Spin-Off. With this, ISU The development of
factors, ISU has been tasked by becomes an enabler of economic sharing
the Congress to help in crafting a development, translating research
law for the establishment of the results into workable technologies economy depends
on the possibility
Philippine Corn Research Institute. leading to market solutions.
Dialogues have taken place this University Spin-Off provides of enhancing the
sharing of
year for a potential center estab- mutual benefit between the Uni-
lishment in the University itself, versity and the technology adopt- different surplus
having had the capacity and distin- ers. With market opportunities for services, products,
guished repute on research, along the University in commercializing
with the able and qualified human its technologies, the technology or solutions
between providers
workforce. adopters can work with these to
propel their commercial under- and consumers by
Policy on Spin-off takings. The transfer is formalized using
Driven by the staunch de- thru Technology Licensing Agree- nontraditional
sire to empower communities by ment between the University and forms of exchange
starting-up local-based enterprise its technology adopters.
using the latest
trends of
technologies to
business.
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