Thursday 20 July 2017

UPM Bags Main Prize At National Intellectual Property Award 2017




KUALA LUMPUR, July 18 (Bernama) -- Universiti Putra Malaysia (UPM) won the gold medal at the National Intellectual Property Award 2017, jointly organised by the Ministry of Domestic Trade, Co-operatives and Consumerism (KPDNKK) and Intellectual Property Corporation (MyIPO) today.

UPM has won the award - which is also the grand prize for 'Intellectual Property Management' in the organisations' category - for the fifth time since it was introduced in 2006.

UPM walked away with a cash prize of RM30,000, a trophy and certificate of appreciation presented by KPDNKK secretary-general Datuk Seri Jamil Salleh.

The public university was chosen as the winner following active efforts of managing and registering intellectual properties.

Meanwhile, UPM vice-chancellor Prof Datin Paduka Dr Aini Ideris today said UPM had registered 2,070 intellectual properties comprising a wide range of products and technologies, with 135 of them being commercially successful for the benefit of various industries, particularly in the agriculture and veterinary sectors.

She said among products created using the university's research include 'Afdhal oil' formulated from natural ingredients that could reduce oil absorption in cooking, and could be reused many times.

"We also have the U-Putra Paddy that can increase the production of paddy up to 10 tonnes per hectare, far more than the usual production of four to five tonnes per hectare,"she told reporters after receiving the award on behalf of UPM.

Meanwhile, UPM's Putra Business School (PBS) emerged as the winner of the 99-Second Pitch Challenge at the Siam Commercial Bank PLC (SCB) Future Leader Challenge 2017 in Thailand, beating 280 teams across 33 countries.

The team, named 'The Challenger', was the sole Malaysian representative at the competition, consisting of four graduate students namely Cheah Fu Yuan, Kogillavanan Munusamy, Loh Wai Mun and Hoo Yien Ting.

Held from June 20 to 24, the SCB Future Leadership Challenge is an international business case competition based in Thailand for master's degree students, which provides participants with the opportunity to enhance and practise their analytical skill set by solving real-life business cases.

PBS in its statement said, this year's competition saw participants from various Asian universities including Sasin Graduate Institute of Business Administration of Chulalongkorn University,Thailand; The Hong Kong University of Science and Technology, Singapore Management University, Japan's Globis University and Indonesia's Gadjah Mada University.

-- BERNAMA

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