Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Firms struggle to protect their most important asset

11.03.2005


Businesses are struggling to protect their most important asset - their intellectual property (IP) or “know-how”, say researchers at the University of Sussex.



Given that up to 80% of the value of many firms is now formed by their IP, which includes patents, copyright, trademarks and designs, this dramatic finding by the University’s Science and Technology Policy Research Unit (SPRU) raises serious risk management challenges for firms, investors and clients.

The study, jointly funded by the Economic and Social Research Council and the Ministry of Defence, warns that these difficulties are particularly relevant when firms are involved in collaborative projects.


The increasing complexity of products such as telecoms networks, aircraft and ships means that firms need to collaborate more, as each firm cannot provide all of the skills and knowledge needed to deliver. Firms involved in collaboration increasingly use information and communication technologies to share designs and information about components, design techniques, and manufacturing processes.

Dr Puay Tang, one of the authors of the report, says: “Companies must ensure that their intellectual property is protected throughout. A key problem is that four groups of professionals within firms - IP professionals, engineers, commercial staff and IT managers - rarely work together to protect intellectual property.”

Firms face particular risks when working across national boundaries, as is so often the case in such large projects. In the defence sector, export control and technology transfer regulations are especially important, and vary in the different legal and regulatory contexts in different countries.

Dr Jordi Molas-Gallart, the report’s other author, adds: ‘Much is already known about how to manage IP in collaborative environments, but the application of this knowledge is lagging. There are technologies for tagging and tracking the use of IP in collaborative projects, so it is not inevitable that such collaboration brings problems. This is a matter of culture within organisations. Senior managers need to start taking seriously their responsibility to protect IP, and they need to bang heads together to make it happen’.

Jacqui Bealing | alfa
Further information:
http://www.sussex.ac.uk/spru/

More articles from Studies and Analyses:

nachricht Physics of bubbles could explain language patterns
25.07.2017 | University of Portsmouth

nachricht Obstructing the ‘inner eye’
07.07.2017 | Friedrich-Schiller-Universität Jena

All articles from Studies and Analyses >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Carbon Nanotubes Turn Electrical Current into Light-emitting Quasi-particles

Strong light-matter coupling in these semiconducting tubes may hold the key to electrically pumped lasers

Light-matter quasi-particles can be generated electrically in semiconducting carbon nanotubes. Material scientists and physicists from Heidelberg University...

Im Focus: Flexible proximity sensor creates smart surfaces

Fraunhofer IPA has developed a proximity sensor made from silicone and carbon nanotubes (CNT) which detects objects and determines their position. The materials and printing process used mean that the sensor is extremely flexible, economical and can be used for large surfaces. Industry and research partners can use and further develop this innovation straight away.

At first glance, the proximity sensor appears to be nothing special: a thin, elastic layer of silicone onto which black square surfaces are printed, but these...

Im Focus: 3-D scanning with water

3-D shape acquisition using water displacement as the shape sensor for the reconstruction of complex objects

A global team of computer scientists and engineers have developed an innovative technique that more completely reconstructs challenging 3D objects. An ancient...

Im Focus: Manipulating Electron Spins Without Loss of Information

Physicists have developed a new technique that uses electrical voltages to control the electron spin on a chip. The newly-developed method provides protection from spin decay, meaning that the contained information can be maintained and transmitted over comparatively large distances, as has been demonstrated by a team from the University of Basel’s Department of Physics and the Swiss Nanoscience Institute. The results have been published in Physical Review X.

For several years, researchers have been trying to use the spin of an electron to store and transmit information. The spin of each electron is always coupled...

Im Focus: The proton precisely weighted

What is the mass of a proton? Scientists from Germany and Japan successfully did an important step towards the most exact knowledge of this fundamental constant. By means of precision measurements on a single proton, they could improve the precision by a factor of three and also correct the existing value.

To determine the mass of a single proton still more accurate – a group of physicists led by Klaus Blaum and Sven Sturm of the Max Planck Institute for Nuclear...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Clash of Realities 2017: Registration now open. International Conference at TH Köln

26.07.2017 | Event News

Closing the Sustainability Circle: Protection of Food with Biobased Materials

21.07.2017 | Event News

»We are bringing Additive Manufacturing to SMEs«

19.07.2017 | Event News

 
Latest News

CCNY physicists master unexplored electron property

26.07.2017 | Physics and Astronomy

Molecular microscopy illuminates molecular motor motion

26.07.2017 | Life Sciences

Large-Mouthed Fish Was Top Predator After Mass Extinction

26.07.2017 | Earth Sciences

VideoLinks
B2B-VideoLinks
More VideoLinks >>>