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Intellectual property – an ally of clean energy innovation  

 

thumbnailimage.imgToday, Intellectual Property celebrates the World Intellectual Property Day  to learn about the role that intellectual property rights (patents, trademarks, industrial designs, copyright) play in encouraging innovation within different fields like clean energy and smart grid.

“With this year’s World Intellectual Property Day campaign we are celebrating innovation and how it improves our lives. We are also celebrating all the risk-takers, all those who have dared to bring about positive change through innovation, explains Francis Gurry Director General, World Intellectual Property Organization (WIPO).

According to WIPO, the intellectual property system supports innovation by attracting investment, rewarding creators, encouraging them to develop their ideas, and ensuring that their new knowledge is freely available so that tomorrow’s innovators can build on today’s new technology.

Innovation – and the technological progress it represents – makes a significant contribution to economic growth and creates opportunities for new and better jobs.

“Intellectual property is a crucial part of a successful innovation system. It provides a return for those who take the risk to introduce the new – in terms of products and services – into the economy. It provides a framework for the rather difficult and challenging journey that any idea has to undertake before becoming a commercially available product or service”, adds Francis Gurry.

Regarding the Horizon 2020 Research and Innovation programme of the European Union,  Intellectual property takes an essential role in the entire life-cycle of R&D projects funded through it. Indeed, as a proper management of intellectual property enhances the chances of an effective exploitation of the research results, it is best practice to consider intellectual property when describing the measures for exploiting the results. This helps participants in showing the effectiveness of such measures, while maximising the impact of the proposed project.

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