Manila, May 21 -- The Negros Oriental State University (NORSU) and four multi-purpose cooperatives signed Wednesday an agreement for the commercialization of intellectual property or technology designed specifically for each business.

NORSU president Dr. Noel Yasi signed the Technology Licensing Agreement with representatives from San Julio Agrarian Reform Beneficiaries Cooperative; Mag-uumang Katawhan sa Malaiba Multi-Purpose Cooperative; Ramrod Agrarian Reform Cooperative; and MP's Bakeshoppe.

The agreement is under NORSU's Intellectual Property and Technology Business Management (IPTBM) Office, with funding from the Department of Science and Technology-Philippine Council for Agriculture, Aquatic and Natural Resources Research and De...