Sunday September 20, 2020

Irish universities fail to exploit research options

Irish universities have been missing out on the full financial benefit of publicly-funded research projects because its members have a poor record of making money from their research, the Irish Universities Association (IUA) has admitted.

9th December, 2006

The admission comes after a Sunday Business Post survey found that Irish universities had obtained just 163 patents in major world markets since 1996. By comparison, the University of Bristol, a British institution with 13,000 students, filed 134 patents, while world research leader MIT secured 1,104 in that time, according to the World Intellectual Property Organisation’s patent database.

Patents are a key form of intellectual property, which confer on their holders the exclusive right commercially to exploit and...

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