shared+IP

=Shared IP and Toolbox Development=

These comments came out of discussions with commercial developers around incentives to get involved in Toolbox Development.

We don’t have a personal example of shared IP with government – that being said, it does stop us (and others we know) from embracing funding.

For a mature business that is looking at annuity revenue models and leveraging off existing IP, project based work (non-govt or govt) that doesn’t support this is of little value and in fact can be a detrimental distraction, taking up valuable resources.

Of course cash flow is important while pursuing long term strategic goals and therefore some project work may be necessary. That being said it is important that it is profitable as it is supporting non-revenue generating aspects of building the business.

If developers like us could licence our existing IP to support Govt initiatives that would be of interest as would funded development that enabled us to use the IP developed (there may be revenue models for Govt here – using the private sector to on sell their products).

The report below has some innovative approaches to maximising intellectual property created under Government Funding.