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Seminar spotlights cooperation in research result, IP commercialisation

A seminar took place in Hanoi on November 1 to discuss international experience and give recommendations to Vietnam to promote cooperation among research institutes, universities, and enterprises in the commercialisation of research results and intellectual property (IP).
Seminar spotlights cooperation in research result, IP commercialisation ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA)– A seminar took place in Hanoi on November 1 to discuss internationalexperience and give recommendations to Vietnam to promote cooperation among researchinstitutes, universities, and enterprises in the commercialisation of research resultsand intellectual property (IP).

Stepping upcooperation among research institutes, universities, and enterprises is afundamental task and also a strategic breakthrough in promoting the developmentof the science and technology market, Minister of Science and Technology HuynhThanh Dat told the event held in coordination with the Australian Embassy.

He said strongly developing the sci-tech market is oneof the main measures for fostering science, technology, and innovation andmaking breakthroughs in terms of productivity, quality, effectiveness, andcompetitiveness of the economy.

The sci-tech market of Vietnam hasrecorded certain strides and encouraging results, including a considerableincrease in goods supply and an annual growth rate of 22% in transaction value,according to the ministry’s National Agency for Technology Entrepreneurship and CommercialisationDevelopment (NATEC).

However, the market has yet to meetto meet demand in reality while still facing numerous obstacles and problems. Mostof the institutes and universities have encountered many difficulties in managingand making use of their research results and IP assets. Meanwhile, revenue fromthe capitalisation of IP assets remains low, and the value gained from thetransfer and commercialisation of products accounts for only 30% of the totalbudget for science and technology.

Partnerships among institutes,universities and enterprises have just focused on training, human resourcessupply, and technology consultation and transfer. Besides, there hasn’t been detailedguidance for the establishment of spinoffs at universities and researchinstitutes, as well as for the use of science and technology development fundsin enterprises – a big hindrance to businesses’ engagement in the sci-techmarket, the commercialisation of technology, and the application of advancedtechnology, NATEC pointed out.

NATEC Deputy Director Pham Duc Nghiemheld that it is necessary to build and implement a plan on pilot policies for facilitatingthe commercialisation of research results and IP assets.

The ownership,the right to use, and the responsibility for commercialising research resultsand IP assets should be handed over to the organisations and individuals coordinating scientific andtechnological studies, he said, adding profits from the commercialisation should be reasonablydivided among research coordinators and the ones involved in studies.

Besides, funding fromthe State budget should be increased for the commercialisation and considered anon-refundable aid for research coordinators. Breakthrough mechanisms shouldalso be made for the formation and development of enterprises in researchinstitutes and universities, Nghiem suggested./.
VNA

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