NACOSTI AND PRIVATE SECTOR COLLABORATE TO DRIVE TECHNOLOGY ADOPTION AND IP MONETIZATION

The National Commission for Science, Technology, and Innovation (NACOSTI) has strengthened its collaboration with the private sector to accelerate the adoption of research outputs and unlock the economic potential of intellectual property (IP) rights. This initiative was underscored during a high-level meeting held at Lake Naivasha Resort as part of a NACOSTI training module on STI Rights, Transfer, and Commercialization. The meeting brought together key stakeholders from industry and academia, including representatives from the Kenya Association of Manufacturers (KAM), Centurion Systems International, LIWA Programme Trust, Kabarak University, and the Turkana Basin Institute-Research Organization.

The discussions revolved around three key areas: streamlining the process of IP protection, promoting the adoption of developed technologies, and facilitating the commercialization and monetization of IP rights. Participants highlighted the need for a robust IP framework that can attract investment and foster a thriving innovation ecosystem.

NACOSTI’s efforts in mainstreaming STI within Ministries, Counties, Departments, and Agencies (MCDAs) are already yielding positive results, with research increasingly influencing policy decisions. These initiatives have contributed to Kenya’s improved ranking in the Global Innovation Index (GII). By deepening engagement with the private sector, NACOSTI aims to accelerate this progress and build a vibrant RSTI ecosystem that will propel Kenya towards becoming a knowledge-driven economy.

The success stories of countries like Singapore, South Korea, and Taiwan serve as models for Kenya’s ambitions, demonstrating how strategic investments in R&D and IP commercialization can lead to remarkable economic transformation.