According to experts, if inventors only work according to their interests without considering market demand, it will be time-consuming, costly and impossible to commercialize.
At the seminar "Innovation and green inventions for sustainable development" organized by the Vietnam Invention Association in coordination with the Southern Affairs Department (Ministry of Science and Technology) on the afternoon of May 25, the issue of intellectual property rights protection and commercialization of inventions was discussed by experts, managers and businesses.
Accordingly, Mr. Phan Ngan Son, former Deputy Director of the Intellectual Property Office, pointed out many difficulties in commercializing inventions, including the need for time to test inventions in practice.
Mr. Son cited the story of the fire escape slide in high-rise buildings by inventor Tran Van Tuan, which was granted a utility solution patent in 2022. This solution overcomes the limitations of fire escape slides, rope ladders, and fire escape ladders outside the building by designing "landings" between floors for people to stop escaping, avoiding trampling each other, ensuring safety during the escape process.
Although considered practical, "inventions require testing, evaluation and mobilizing the cooperation of units in the same field, so commercialization is difficult," said Mr. Son.
Mr. Phan Ngan Son shared at the workshop on the afternoon of May 25. Photo: Ha An
Mr. Nguyen Thanh Binh, Vice President of the Vietnam Invention Association, also pointed out the difficulties. In particular, patented products with safety factors will be more difficult to commercialize because there are no technical standards, so they cannot be licensed for mass production.
Mr. Binh believes that researchers need to create solutions that society needs, immediately meeting their needs instead of just following personal preferences, wasting time, money and effort.
Citing international experience, Mr. Binh said that university commercialization centers often collect many inventions, then have experts evaluate the commercialization potential and investors give opinions on the product output. They then focus on helping the inventor improve that product. "This method only requires selecting from hundreds of inventions, successfully commercializing a few inventions can offset the cost of the entire process," Mr. Binh said.
From a business perspective, Mr. Than The Hao, Director of Thuan Thien Company, agrees that new products will take a long time for the market to accept. Therefore, inventors need to base on actual needs to come up with new solutions that can be successfully commercialized.
Ha An
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