National Inventors Week was commemorated last month at 55 Events Place with a Grand Inventpreneurs Fellowship Banquet organized by the Filipino Inventors Society Producers Cooperative (FISPC), a national organization of local inventors.
“Inventpreneurs” is a term coined by Francisco Pagayon, a member of the FISPC, to refer to inventors who are also practicing entrepreneurs.
During the celebration, Pagayon expressed confidence the Department of Science and Technology (DOST) will continue to support the needs of Filipino inventors, with government assistance being made available to them “so that we can create more products and improve our competitiveness.”
In response, DOST Secretary Fortunato T. de la Pena, who was guest of honor during the occasion, said that the DOST will continue to provide assistance to FISPC in terms of securing patents for new products and providing financial assistance to those who will need additional funds for commercialization.
He also commended the FISPC for its initiatives in promotiong local inventions. He added that indeed, entrepreneurship is the way for inventors to succeed in what they do.
Secretary de la Pena further challenged the member-inventors to be more pro-active in terms of identifying the needs of the market so they can create products and services that will benefit not only Filipinos but other people as well.
“At DOST, one of our agenda is to improve competitiveness and, as Steve Jobs said, we can make a dent in the universe. By inventing things that are different you can make lives better. The other one is improvement in the value chain so there is the need to respond to the market for inventions to succeed. We must remember that not anyone can be an inventor but everyone can be an innovator,” he added.
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