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 Patent News |
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| Subject : Universities need more IP management |
| Date |
2009-11-27 |
Visit |
4640 |
Universities around the world need more professional intellectual property management, experts said in a forum held in Seoul yesterday.
Patrick O`Reilley, president of Licensing Executives Society International, stressed the importance of commercially successful inventions originated from universities such as Google and Gatorade.
Licensing revenues of the top U.S. universities rose significantly in 2007, with New York University posting $791 million, Columbia University $135 million and University of California $97 million, he said, during a session on IP management.
The session, part of the 2009 Seoul Intellectual Property International Conference, was designed to promote successful university-business collaborations on intellectual property management, organizers said.
The LES president stressed the need to recognize that universities have different needs and wants from businesses.
"Businesses typically want profit, in other words lower royalty rates, and control for commercialization, including exclusivity," he said.
"Universities, however, want disclosure and development for public good and the ability to license technology to multiple entities," he added.
The amount of licensing income and the number of start-ups at Japanese universities still lagged behind those of the United States, Mutsuaki Suzuki, director of Intellectual Property Unit at the National Institute of Genetics in Japan, said.
The recent power transition from the traditional Liberal Democratic Party to the Democratic Party, however, will likely change the overall direction, citing a few projects already subject to review or cancellation.
He pinned high hopes on the future of the Pacific rim network, where he said east-west collaboration will accelerate innovation.
In Germany, there have been revised agreements that give more rights to university inventors than in private practice.
But the German government is concerned that it might be difficult for small and medium-sized companies and universities to come to reasonable terms which are financed by industry, Heinz Goddar, former president of LES International, said.
Yesterday`s session will be followed by another main program titled "Intellectual Property Management and Commercialization" today, organizers said.
The main program will have Wolf Meier-Ewert, legal affairs officer for the World Trade Organization and Nobuyoshi Tanaka from Canon as speakers.
"The conference is timely as concerns grow over how to effectively guard and manage intellectual property amid increasing media reports on patent trolls and industrial espionage," said an official of the organizing committee of the Seoul IP conference.
Over 300 participants from 34 countries attended the conference, organizers said.
The conference is jointly organized by AIPPI-Korea and LES-Korea, local branches of the two biggest associations on intellectual property.
The conference offers Korea an opportunity to host the AIPPI World IP Congress in 2012, organizers said.
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DOWON INTERNATIONAL
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KOREA
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