PCAARRD signed a memorandum of understanding (MOU) with the Management Association of the Philippines (MAP) recently to promote collaboration between the S&T community and the business sector.
The MOU stipulates that MAP would share their knowledge and expertise in the promotion of R&D-generated products of PCAARRD. It also covers joint programs, projects, and activities between PCAARRD and MAP.
This MOU likewise reaffirms the commitment of MAP and PCAARRD to inclusive and sustainable growth as it recognizes the critical role of research output commercialization to enrich economic domestic dynamics.
In the MOU, MAP is expected to: 1) Encourage MAP members to be business partners of PCAARRD in commercializing the Council’s research outputs on agri-based products; 2) Assist PCAARRD in developing the program for a “Matching Forum” in 2014; and 3) Support PCAARRD in the conduct of all information campaign activities related to commercialization of research outputs.
On the other hand, PCAARRD is expected to: 1) Provide MAP with relevant information to encourage its members to be partners of PCAARRD in the commercialization of its research outputs; 2) Assist MAP in identifying and reaching out to key stakeholders within MAP, the government, and the business sector who may serve as business partners of PCAARRD for the commercialization of its outputs; and 3) Support MAP in the conduct of all information campaign activities related to the commercialization of PCAARRD’s outputs.