GPH Ispat Ltd formed a strategic alliance with Bangladesh University of Engineering and Technology's Research and Innovation Center for Science and Engineering to enhance intellectual property management. The partnership establishes frameworks for conducting educational workshops about patent processes and IP legislation awareness. RISE will receive support for seminars targeting students, faculty members, and researchers across academic institutions.
The collaboration addresses Bangladesh's transition toward a knowledge-driven economic model by protecting innovative work during development phases. Officials anticipate the initiative will create revenue streams for local inventors while reducing talent migration abroad. GPH Ispat plans to expand its efforts across government organizations, industries, and business sectors nationwide.
University leadership praised the agreement during the formal signing ceremony attended by senior administrators and company executives. Vice-Chancellor Abu Borhan Mohammad Badruzzaman emphasized the importance of retaining research ownership rights that previously benefited foreign entities. The partnership represents progress toward establishing Bangladesh as a self-sufficient innovation hub through systematic intellectual property protection.
The collaboration addresses Bangladesh's transition toward a knowledge-driven economic model by protecting innovative work during development phases. Officials anticipate the initiative will create revenue streams for local inventors while reducing talent migration abroad. GPH Ispat plans to expand its efforts across government organizations, industries, and business sectors nationwide.
University leadership praised the agreement during the formal signing ceremony attended by senior administrators and company executives. Vice-Chancellor Abu Borhan Mohammad Badruzzaman emphasized the importance of retaining research ownership rights that previously benefited foreign entities. The partnership represents progress toward establishing Bangladesh as a self-sufficient innovation hub through systematic intellectual property protection.