Singapore – The Technology Application and Promotion Institute of the Department of Science and Technology (DOST-TAPI) earned the first and only Certified Patent Valuation Analysts (CPVA) in the country through Atty. Marion Ivy D. Decena and Caezar Angelito E. Arceo who both passed the CPVA course on 17 March 2018 and 27 April 2018, respectively.
Atty. Decena and Arceo enrolled in the CPVA Program on 1-2 March 2018 at the Intellectual Property (IP) Academy in Singapore.
Designed to prepare financial analysists, technology transfer professionals, IP managers, licensing managers, inventors, patent lawyers, and other business development managers with the necessary skill sets to value patents, the CPVA Program also immerses the participants in the Patent Valuation GauntletTM, a proprietary mark as the world’s most thorough methodologies for assessing the strength and value of patents.
A patent is considered an important parameter for innovativeness as the intangible asset of a company, which creates more value to businesses.
In this context, the assessment of the significance of patents and technologies has never been more crucial and exhaustive with the growing number of patent filings by millions from the 1980s up to present globally according to the World IP Organization (WIPO).
“The training is very essential for a patent practitioner especially in valuing IPs, patent in particular, and in revolutionizing the patent portfolio of DOST-TAPI,” said Arceo.
Moreover, Atty. Decena said that the increasing activities of the Department in terms of technology transfer and commercialization makes patent valuation timely and vital than ever.
“Local trainings on patent valuation within the DOST and across the regions will benefit not only patent practitioners but every stakeholder in the Philippines,” added Atty. Decena.
Atty. Decena, lawyer-accountant and Division Chief of the Invention Development Division and Arceo, patent agent and Supervising Science Research Specialist, have solid experience in providing support for IP system and business development of inventors and technologies.
“The CPVA Program is one of the major capacity building initiatives of the DOST-TAPI as the Institute pivots from a technical and administrative support agency to a major partaker in the country’s technology transfer scene,” said DOST-TAPI Director Edgar I. Garcia.
The two-day onsite CPVA Program was attended by 17 participants from Singapore, Indonesia, Malaysia, the Philippines, and Europe.
DOST S&T Media Service
Jund Rian A. Doringo