RSA supports the UK Intellectual Property Offices’ (IPO) IP Equip, an e-learning tool that contains four short modules to show why intellectual property is important.
As a leading global executive recruiter focussed on the Life Sciences sector, RSA sees first-hand how great ideas can get lost by either a lack of focus when establishing a patent which can be commercialised through others; not having smart licensing people and effective reviews of IP portfolios by Investors or Boards.
Chris Molloy, CEO of RSA said, “Most companies in the Life Sciences sector exist to generate ideas and turn them into commercial assets. Having the ideas is not innovation, but harnessing and developing them is. Despite the best efforts of investors and management, many of the ideas generated within these companies never even turns into Intellectual Property, let alone products. Two things are required to solve this problem: a better understanding of IP and BETTER PEOPLE to harness the IP and use it, or commercialise it through others. We firmly believe that this begins with a clear understanding of how to identify and harness IP which is why we support the IPO’s ‘IP Equip.’
Rosa Wilkinson, Director of Innovation at IPO said, “By using IP Equip, and learning from it, Life Sciences firms can get more from their existing portfolio of ideas, be more strategic about their stable of IP assets and act to commercialise IP internally or by out-licensing. We are grateful to RSA for its support.”
To find out more about IP Equip, please visit http://www.ipo.gov.uk/ip4b/ip4b-uk/ip4b-uk-advice/equip.htm