The Philippines has sufficient laws such as the Intellectual Property (IP) Code and the Magna Carta for Science and Technology Workers (MCST) to back up commercialization of startup technologies, but government has to codify these to encourage extensive patenting and licensing for these technologies. Congress, in fact, may no longer need to come up with a law similar to the US’s Bayh Dole Act as suggested by some sectors since these existing laws already warrant patenting-licensing which will give commercial incentives to inventors including those in the agricultural biotechnology industries.