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Patents are one form of Intellectual Property which is intended to protect new and useful inventions. An inventor who is granted a patent has the right to exclude others from making, using, selling or importing the invention for a certain period of time, which is usually 20 years from the date of… READ MORE


There are many motivations for licensing Intellectual Property (IP). These are mainly business motivations, and are often closely linked to a corporate IP strategy. For example, a company may own a successful technology that they have commercialized in a specific market and geographical area. If the technology is applicable outside of the areas the company… READ MORE


Recently, there has been a lot of talk about open innovation. It has become an important buzz word, but what does it really mean? Dr. Henry Chesbrough has developed the idea of open innovation, and is a promoter of the concept. His book “Open Innovation: The New Imperative for Creating and Profiting from Technology”… READ MORE


Technology transfer is an important tool for economic development. Although the concept is well known and quite mature in the advanced economies of North America, Europe and East Asia, it is still not well understood in developing economies. However, if practiced properly, technology transfer can contribute significantly to those developing economies, not just in job… READ MORE


Intellectual Property (IP) is a very important tool used by government to promote innovation and economic development. Businesses can use IP rights to gain competitive advantage in the marketplace. Therefore, it is important that business owners and managers have an understanding of what IP is, and how it can be used to their advantage. WIPO,… READ MORE