FG launches guidelines for research findings commercialization

Weak intellectual property culture among Nigerian scientists and researchers, low quality of research and development results and inventions emanating from universities and research institutes, coupled with inefficient management of intellectual property assets have been identified as bane of low commercialisation of research results in Nigeria.
The Minister of Science and Technology Dr.
Ogbonnaya Onu disclosed this at the launching and public presentation of a publication titled “Guideline on commercialisation of research and development (R&D) results and inventions in Nigeria during the week.
Onu said that many of the R&D results and inventions are lying idle in the research institutions across the country, because the process is very complex and requires the skills and expertise of different professionals as well as capital to achieve meaningful developmental commercialisation.
According to the minister “it was in a bid to address these challenges that National office for Technology Acquision and Promotion (NOTAP) decided to make a compilation of this publication titled Guidelines on commercialisation of Research and Development Results and Inventions in Nigeria.
The publication is made up of seven (7) chapters, namely: Establishment, Functions and Structure of NOTAP; Policy Guidelines on Commercialisation of Research and Development Results and Inventions in Nigeria; Critical Infrastructures for (R&D) Commercialisation; commercialization of research and development results policy mandate of NOTAP;Strategies for the commercialization of R&D results and lnventions; process, phrase and stage of