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19/05/2011
Universities 'Manage Intellectual Property'
Universities can now access a new tool to help develop and manage their intellectual assets.
The Intellectual Property Office (IPO) has today launched a strategy guide called ‘Intellectual Asset Management for Universities’.
The new guide provides advice and information to universities to help them understand how they can best use their institution’s intellectual property (IP). This can be an invention, trade mark, original design or the application of a good idea.
Income generated through the commercial use of intellectual property rights can be worth millions of pounds. In 2009/10 £84 million was generated directly from IP at universities.
Launching the guide, Minister for Intellectual Property Baroness Wilcox said: “The guide will help universities maximise the benefits of their intellectual assets, which in turn will support the economic growth of the UK. The Government is committed to providing the best opportunities for young inventors, providing them with a strong basis on which they can turn their ideas into reality.
“It is now more important than ever for university leaders to think strategically about how to best to protect and effectively use their intellectual assets. This guide will help each institution seize the opportunity to use their intellectual property to secure maximum benefit for the economy and society.”
(BMcN/GK)
The Intellectual Property Office (IPO) has today launched a strategy guide called ‘Intellectual Asset Management for Universities’.
The new guide provides advice and information to universities to help them understand how they can best use their institution’s intellectual property (IP). This can be an invention, trade mark, original design or the application of a good idea.
Income generated through the commercial use of intellectual property rights can be worth millions of pounds. In 2009/10 £84 million was generated directly from IP at universities.
Launching the guide, Minister for Intellectual Property Baroness Wilcox said: “The guide will help universities maximise the benefits of their intellectual assets, which in turn will support the economic growth of the UK. The Government is committed to providing the best opportunities for young inventors, providing them with a strong basis on which they can turn their ideas into reality.
“It is now more important than ever for university leaders to think strategically about how to best to protect and effectively use their intellectual assets. This guide will help each institution seize the opportunity to use their intellectual property to secure maximum benefit for the economy and society.”
(BMcN/GK)
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