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4th BLOG

A significant event was held at CMU's University Convention Center on May 4, 2023. The College of Business and Management conducted its yearly event, a pitching competition and demonstration day, as part of its entrepreneurial course, GEE16 - The Entrepreneurial Mind, which has garnered a lot of attention over the years. This significant event serves as proof of the faculty's and the student's dedication to promoting an innovative and entrepreneurial community. Every academic division from the several universities participating in this competition selects their strongest team and most promising product from among those enrolled in the entrepreneurship course. It is then an honor for this team and product to represent their sections in this major competition. Bringing together the brightest brains will enable the students to work together and gain knowledge from one another in addition to competing. The Soil PH, a soil testing tool created using the most advanced materials, has been designed to help individuals comprehend the state of their soil and, as a result, improve agricultural productivity. In the case of our section, BSABE 2B, the Soil Ph team had the honor of presenting a product that truly encompasses the principles of technological advancement and sustainable development. I experienced a wide range of amazing ideas that were as different as they were impressive as I watched the competition's events. These concepts were motivated by a single, encompassing goal: addressing the issues the university community is now dealing with. The offered solutions included a wide range of industries, including agriculture, engineering, medicine, and even fields concerned with nutrition. The sheer diversity of thoughts served as a powerful reminder of the university students' boundless potential and inventiveness. I had an amazing understanding of the importance of this subject as a result of this comprehensive encounter. Each student's suggestion for an innovation is more than just a project or a submission for a contest. It needs to be considered an investment that is worthwhile too. It's an investment in the student's intellectual development, the university's capacity for innovation, and potential solutions to issues that concern us all. Even though I observed that some people would ignore the value of this training, I was outraged by the result. However, their viewpoint did not surpass the overwhelming proof of the course's worth that I had just discovered. Some of the ideas and inventions cultivated here have the potential to impact not only the institution but, at some point, possibly even the outside world as well.

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Third: Lecture Series

I had the chance to participate in a lecture series program that focused mainly on the use of intellectual property and startup an opportunity in the country of the Philippines. It was interesting knowledge, and I am delighted to share the primary things I learned and my thoughts with you in this blog. The Chief of Technology Transfer, Dr. Gamaleila A. Dumancas, pointed out the significance of intellectual property (IP) in the 21st century. "Intellectual property is the oil of the 21st century," as Mark Getty once stated, which properly expresses the concept. Patents and other forms of intellectual property preserve mental works such as innovations, literary and artistic creations, and symbols. Businesses are accountable for safeguarding their intellectual property (IP) to stop competitors from taking their products, technologies, and trademarks. Strengthening corporate brands and preventing needless investments are additional advantages. It is essential to register the property with the Intellectual Property Office in the Philippines and apply for protection before disclosing any information. Patents and Trademark utility models, industrial designs, trademarks/service marks, copyright and related rights, layout designs, and geographic indications are a few examples of IP rights. Each has distinct requirements protection conditions, and renewal procedures. A patent search is essential for raising the standard of patent applications, avoiding legal issues, and satisfying investor expectations. After seeking security, companies can concentrate on the transfer of technology. Deployment, expansion, and commercialization are all involved. TBU Chief Professor Sheila C. Poonon addressed the value of promoting innovation and investigating startup opportunities in the Philippines. By offering resources, knowledge, finance, mentorship, and networking opportunities, business incubation fosters and encourages the expansion of startups. The Innovative Startup Act (RA No. 11337) and private sector support are just a couple of the programs and infrastructures the Philippines has available for new businesses. Tech-focused, social impact-oriented, industry-specific, or academic business incubators are all possible. The nation's hubs, such as the Qbo Innovations Hub and the business incubator at Central Mindanao University, offer important resources for companies. The Digital Startup Development and Acceleration Program (DSDAP RA 11337) provides support to flexible, technology-enabled startups with innovative business strategies and minimum feasible products. Startups in the Philippines can benefit greatly from the numerous DICT initiatives including RAISE, SCALE, Phil Startup Challenge, STEP UP, and Startup Grant Fund. It was an eye-opening experience to attend this lecture series program, which gave an extensive overview of intellectual property rights and the support provided to start-up businesses in the Philippines. The knowledge obtained will help people and companies negotiate the complex world of intellectual property and take advantage of the opportunities presented by the flourishing startup environment. My understanding of intellectual property and startup potential in the Philippines was enhanced as a result of attending this lecture series program, to summarize everything. And without a doubt, the resources and support systems that are available to companies and entrepreneurs can help them greatly, encouraging an environment that is beneficial to creativity and development.