Ireland cuts intellectual property red tape to help create more jobs

Ireland has reduced its intellectual property (IP) red tape in a bid to create jobs from the near €900m annual state investment in research and development.

Ireland cuts intellectual property red tape   to help create more jobs

Armed with a more open IP protocol, the newly opened UCD-based Central Technology Transfer Office will offer businesses “generous terms” to access Irish IP rights, thus encouraging them to commercialise state-funded research.

Science Foundation Ireland’s (SFI) revised remit will now include applied research. It will also be asked to prioritise an applicant’s job-creation potential as a key factor in allocating research funds. SFI welcomed the move, noting that 600 companies currently partake in over 1,000 collaborations with SFI-funded researchers.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited