TAPI Director Engr. Edgar I. Garcia (third from left) and APP President Attorney Bayani B. Loste confirm the execution of the Memorandum of Agreement between the two organizations as Attorney Ivy Marion Dela Cruz-Decena (TAPI), Attorney Editha R. Hechanova (APP), Assistant Secretary Raymund E. Liboro (DOST), and Mr. Caezar Angelito E. Arceo (TAPI) look on.
The Technology Application and Promotion Institute (TAPI) and the Association of PAQE Professionals, Inc. (APP) entered into a Memorandum of Agreement on September 16, 2014 to bring in the expertise of APP members to assist TAPI in drafting and prosecuting patent applications from intellectual property disclosures of Filipino inventors vetted by the Department of Science and Technology (DOST).
Under the MOA, APP members will serve as patent agents of the inventors who availed of DOST’s inventor assistance program under Republic Act No. 7459 (RA 7459), otherwise known as the “Inventors and Invention Incentives Act of the Philippines”.
With the forging of the MOA, TAPI Director Engr. Edgar I. Garcia, who represented the agency in the contract-signing, now expects more local inventors to take advantage of the TAPI services. Attorney Bayani B. Loste, APP President and a Partner at Fortun Narvasa & Salazar, is hopeful that with APP’s engagement as a clearing house for its members, the number of quality local patent filings will increase in the medium term.
Assistant Secretary Raymund E. Liboro, Officer-In-Charge at the Office of the Director, Science and Technology Information Institute and Attorney Editha R. Hechanova, APP Treasurer and Managing Partner of the Hechanova Bugay & Vilchez Law Offices, were among those who witnessed the execution of the Agreement at TAPI’s offices in DOST Compound, Bicutan, Taguig City.
TAPI provides financial support to Filipino inventors as part of a complete package of intellectual property rights assistance from preparation of specifications, filing of patent applications and prosecution thereof to the grant of letters patents for inventions, utility models or industrial designs.
APP is a professional association of patent agents who passed the Patent Agents Qualifying Examinations (PAQE) officiated by the Intellectual Property Office of the Philippines (IPOPHL) and was organized to disseminate knowledge on the work of its members and other matters relating to patents as well as to liaise with other entities regarding industrial property protection and prosecution.
According to the statistics published by the IPOPHL on its website, Filipino residents filed only 193 invention patent applications in 2013 compared to the 2,881 applications filed by non-residents. During the same year, 1,906 letters patents were granted to non-residents while Filipinos managed to secure registration only for 7 inventions.