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RULES
AND REGULATIONS ON
VOLUNTARY
LICENSING
WHEREAS, the State
recognizes that an effective intellectual and industrial property
system
is vital to the development of domestic creativity, facilitates
transfer
of technology, attracts foreign investments and ensures market access
for
our products;
WHEREAS, the State
recognizes that the use of intellectual property bears a social
function
and to this end, the State shall promote the diffusion of knowledge and
information for the promotion of national development and progress and
the common good;
WHEREAS, it is the
policy of the State to liberalize the registration of the transfer of
technology
and enhance the enforcement of intellectual property rights in the
Philippines;
WHEREAS, there is
a need to encourage the transfer of technology, prevent or control
practices
and conditions that may in particular cases constitute an abuse of
intellectual
property rights having an adverse effect on competition and trade;
NOW, THEREFORE, pursuant
to the provisions of Republic Act No. 8293, otherwise known as the
Intellectual
Property Code of the Philippines, the following rules and regulations
on
voluntary licensing are hereby promulgated:
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