WIT IP Policy

Contact person 
Valerie Brett
Waterford Institute of Technology
Do you want to share an instrument/policy or a knowledge Transfer practice? 
Knowledge Transfer Practice
What are the following keywords/priorities which better fit the instrument/policy?  
No information provided
Identify the Knowledge Transfer area to which the practice belong 
Technology licensing
Indicate the country from which the practice is 
What is the title/name of the instrument/policy? 
No information provided
What is the title/name of the practice? 
WIT IP Policy
Indicate the target group/beneficiaries of the practice 
Higher education institutions (education function)
Higher educations institutions research units/centres
New technology based firms/new knowledge intensive service firms
What is the aim/objective? 
The purpose of WIT IP Policy is to describe the Institute’s approach to Intellectual Property generated in the context of research in and by the Institute: (a) in such a fashion as to be understandable to the Institute’s staff, students and academic and industrial collaborators; (b) in such detail as to provide concrete guidelines in a practical framework; and (c) in sufficient clarity to delineate roles and responsibilities, rights and obligations and to avoid mis-understandings.
Give an overview of the practice 
Encourage staff and students of the Institute to consider the potential for Intellectual Property. Promote an entrepreneurial culture within the Institute that fosters the development of potentially commercial Intellectual Property arising from research at the Institute. Clarify rights, obligations and procedures with regard to Intellectual Property. Provide an efficient process by which the commercial potential of Intellectual Property can be assessed by the Institute and its advisors and to ensure that the process of Intellectual Property evaluation, protection and commercialisation are carried out in a timely manner. Outline the Institute offices and procedures concerned with Intellectual Property and encourage strategies of commercialisation and technology transfer that provide the greatest benefit to the Institute, the South East region and the Irish economy and to develop and continually improve a long-term strategy that enables the development of Intellectual Property, related commercialisation and technology transfer, together with maintenance of high standards of education.
What is the date of creation of this practice? 
Monday, February 1, 2010
Is the practice still active? 
What is the approximate budget needed for implementing this practice? 
What kind of resources is needed for implementing the practice? 
Drafting, scopeing and debate on the formation and approval of the policy.
Is this practice linked to an instrument/policy?