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WORLD LEADING BUSINESS SUPPORT
The University of Exeter has joined Easy Access IP, which promotes new ways of sharing intellectual property (IP).
The University will be making selected intellectual property – patents, copyright, designs and know-how – available free to businesses which are willing to use it to develop products and services which benefit society and the economy.
Some early-stage IP is too risky to attract investment from companies. By offering free and easy access to this, companies have the opportunity to evaluate the potential and possibilities with reduced risk. Companies can access the IP on an exclusive or non-exclusive basis, and a simple single-page agreement keeps the process easy.
Exeter is one of 17 universities to have joined the scheme, which also includes several international partners who are spearheading the concept in North America, Australasia and Europe. So far, over 30 Easy Access IP deals have been completed and examples of available IP from the UK include a Parkinson’s disease model, a topical dental gel that can prevent cavities, and SightSim, a software programme that shows what visually-impaired children see.
The Exeter portfolio currently includes RecComp, a means of recycling fibres from composite materials, a magnetic systems technology that enables the fabrication of miniature pumps and valves, and a screening methodology for identifying potential vaccine candidates. It is expected that an optical technology based on graphene and a smart material for use in high-performance fabrics will be added soon.
Dr Neil Hayes, of the University’s Research and Knowledge Transfer service, said: “The aim of Easy Access IP is to make it easier for universities and industry to work together. Our objective is to promote uptake of early-stage intellectual property by removing any perceived financial barriers that may otherwise discourage companies from engaging in development of our ideas and innovations.
“We hope that through this initiative more businesses, and especially those in the regional economy, will have a further incentive to work with the University to utilise our knowledge and expertise to help stimulate economic growth.”
Easy Access IP looks to maximise partnerships with industry and ultimately, the transfer of university knowledge for public benefit. For more information, visit the Easy Access website.
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