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.