The Intellectual Property Rights from Publicly Financed Research and Development Act (Act No. 51, 2008, IPR Act) governs all IP developed in the course of all research activities that received any public funding. It was promulgated in 2008 and came into effect in August 2010.
The primary purpose of the IPR-PFRD Act and its Regulations is to ensure that intellectual property (IP) outcomes from publicly financed R&D with the potential to create social and/or economic value are protected and commercialised for the benefit of the people of South Africa.
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