Intellectual Assets and Innovation: The SME Dimension
Thursday, 24 May 2012
15:00 - 17:00
The Work Foundation, 21 Palmer Street, London, SW1H 0AD
Intellectual Property Rights (IPRs) can be instrumental for SMEs. They help SMEs protect and build on innovations, so SMEs can position themselves competitively next to enterprises in global markets and gain access to new revenue sources. IPRs have the potential to signal current and prospective value to investors, competitors and partners, whilst accessing new knowledge markets and networks.
However, while there is increasing recognition of their significance, as well as the need for appropriate intellectual asset management for SMEs across OECD countries, there are few regulatory frameworks or specific instruments directed to SMEs. This is in part due to the pace of technological innovation, which often exceeds the time it takes for policy makers to create appropriate responses to the changing landscape of intellectual property.
The Big Innovation Centre was pleased to host the UK launch of this recent report from the OECD on these areas. This event explored the relations between SME intellectual asset management, innovation and competitiveness in different sectoral and national contexts, including Australia, Italy, Nordic Countries, the United Kingdom and United States. The entry from the United Kingdom - Intellectual Asset Management: Strategies for Diverse Innovations - will also be presented. It was commissioned by the Department for Business, Innovation and Skills and produced by Professor Birgitte Andersen and Dr Federica Rossi.
The OECD report and the entry for the United Kingdom provides fresh insight into the ability of SMEs to access and use the protection systems available to them, and identifies key challenges for SMEs in appropriating full value from IP and IPRs. IPR and IP strategies related to finance, innovation, strategic relationships and competitiveness will be discussed in relation to both formal IP (patents, copyright, trademarks) and soft IP (such as open-source, technology with no patents) and other mechanisms. The event also investigates the effectiveness of regulatory frameworks and policy measures to support SME access to IPRs, identifying best practices and proposing policy recommendations.
Intellectual Assets and Innovation: The SME Dimension is available from the OECD website.
From ideas to growth: Helping SMEs get value from their intellectual property is available from the Intellectual Property Office website.
- Lucia Cusmano, Senior Economist, OECD
- Professor Birgitte Andersen, Director, Big Innovation Centre
- Rosa Wilkinson, Director of Innovation, UK Intellectual Property Office
- Guriqbal Singh Jaiya, Director-Advisor, Innovation and Technology Sector, World Intellectual Property Organization
- Chris Moore, Technology Specialist, Tech City / UK Trade & Investment
For further information please contact Joanna Massie.
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