DOST hosts orientation on inventors' incentives act

CITY OF SAN FERNANDO -- The Department of Science and Technology Region 3 (DOST-3) hosted an orientation and seminar on the salient features of the Philippines Inventors and Invention Incentives Act (RA 7954) at the Social Action Center of Maimpis City here.

The event was in partnership with the Technology Application and Promotions Institute (TAPI) and Filipino Inventors Society (FIS).

The objective of the event was to inform and educate the inventors and researchers about RA 7459 specifically and TAPI’s the assistances to inventors. The event also featured focal persons from the Intellectual Property Office of the Philippines (IPOPHL).

Based on Article 1, section 2 of Republic Act (RA) 7459, declares national policies and programs that give priority to inventions and its utilization of the countries productive system and national life which would provide incentives and exclusive rights to its inventors particularly when the intention is beneficial to the people and contributes to the national development and progress.

The Inventors and Invention Incentives Act is the country’s prime law that recognizes the significant contribution of our inventors and researchers.

The law promotes and supports the welfare of the country’s critical mass of scientific workforce and human capital through the provision of technical and administrative assistance from TAPI and other government agencies as well as giving financial support.

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