The management and commercialisation of Intellectual Property (IP) is the process of taking an invention and transferrring it to society in an appropriate way to ensure all the stakeholders (society, funder, inventors, university) benefit.
The management and commercialisation of IP involves two key activities:
These activities contain a myriad of sub-activities such as the paperwork associated with filing a patent, developing a business plan, finding funding to take the commercialisation to the next stage, etc.
Without active IP management, university IP is usually left to languish on a shelf in a thesis, or is commercialised elsewhere in the world after publication in the open literature.
Tel: +27 (0) 41 504 1111
Fax: +27 (0) 41 504 2574 / 2731
PO Box 77000, Nelson Mandela Metropolitan University
Port Elizabeth, 6031, South Africa
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