This study aims to address the need for an assessment of the impact of RA 10055 on accelerating S&T commercialization in the agrifood system. It seeks to examine the law’s implementation, existing institutional frameworks for S&T commercialization, and economic incentives for R&D investments. By assessing the law’s effectiveness, the study will be able to provide evidence-based policy recommendations towards enhancing technology transfer mechanisms and stimulating innovation in the agrifood system.