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Your source for expert commentary on IP management issues.
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About

Editor-in-Chief,   Anatole Krattiger

Editorial Board

Concept Foundation

PIPRA

Fiocruz, Brazil

bioDevelopments-   Institute

Innovation and IP Management: A Contextual Overview
Topic Guide for Technology Transfer Managers

Why This Topic Is Important

For those engaged in the activities of technology transfer on a day to day basis, this section provides a vision of the over-arching purpose of those activities and how they can best be used to serve the public good in the context of today's global economy.

Key Implications and Best Practices: Section 1

Given that IP management is heavily context specific, these Key Implications and Best Practices are intended as starting points to be adapted to specific needs and circumstances.

  • Intellectual property is a tool to foster innovation. Whether viewed as a legal concept, a social construct, a business asset, or an instrument to achieve humanitarian objectives, the value of intellectual property cannot be disputed.
  • IP rights are a compromise and an imperfect solution, representing the search for balance between making all knowledge available within the public domain and granting ownership of valuable discoveries to the inventors. Reaching an appropriate balance requires continuous, sound IP management.
  • The emerging global systems of innovation in health and agriculture open up new prospects for innovation everywhere. This notion has profound implications for the management of innovation, technology transfer, market competition, and economic development in every country, regardless of its economic status.
  • Innovation is a complex process and coordinated and structured policies and programs stimulate it. The IP management system is an important factor, but it is only one of six factors that determine a country’s or institution’s ability to innovate.
  • Intellectual property is integral to all six components of innovation which are, in addition to IP management: R&D in the public and private sectors; safe and effective regulatory systems; the ability to produce new products to high standards of quality; a national distribution system in both the public and private sectors; and international distribution systems and trade in technologies.
  • An IP manager should consider the entire innovation process when making patenting and licensing decisions.
  • The traditional mission of technology transfer offices (to bring university-generated intellectual property to the public as rapidly as possible) is broadening. technology transfer enhances the reputation of academic institutions and helps them achieve their missions, both at home and abroad.
  • IP managers should join professional national and international licensing and technology transfer societies whenever possible.
  • Creative licensing strategies will help your institution gain the greatest benefits from the research it conducts. Such strategies include, at a minimum, the balancing of exclusive and nonexclusive rights, defining field of use, setting appropriate milestones, requiring the delivery of products to developing country markets, and exercising control over pricing.
  • In benefit sharing, an organization agrees to share with a developing country any economic benefits that result from patented inventions based on biological materials collected in that country. Make sure the individuals in your organization who collect biological resources are aware of this and obtain prior informed consent.

Recommended Chapters       Show All AbstractsShow All Abstracts

Show AbstractAbstract Building Product Innovation Capability in Health
by Richard T. Mahoney

Show AbstractAbstract Ensuring Developing-Country Access to New Inventions: The Role of Patents and the Power of Public Sector Research Institutions
by Lita Nelsen, Anatole Krattiger

Show AbstractAbstract Genomics, Ethics, and Intellectual Property
by Gary E. Marchant

Show AbstractAbstract IP Management and Deal Making for Global Health Outcomes: The New “Return on Imagination” (ROI)
by John Fraser

Show AbstractAbstract The Role of IP Management in Health and Agricultural Innovation
by Richard T. Mahoney, Anatole Krattiger