The concept of Intellectual Property (IP) has already reached the consciousness of the University. In 2009, the University has promulgated its IP Policy and has established an IP Unit under the Office of the Vice-Rector for Academic Affairs & Research (OVRAAR). The task of the unit is to (1) assist faculty members, support staff and students register any IP that they have developed through the course of their employment or study; (2) inform faculty members, support staff, and students about IP through an on-going IP education program; and (3) be the forerunner in identifying possible IPs for possible commercialization and exploitation. With the numerous researches produced by both faculty and students, there is a wealth of technology waiting to be registered and used for public consumption. IP ensures that as the technologies are being used, the inventors and owners of it are given due recognition by the law.