European Commission adopts recommendation on the management of IP
On 10 April, the Commission adopted a Recommendation on the management of intellectual property (IP) in the knowledge transfer activities of universities and other public research organisations. The specific objectives of the Recommendation are to assist Member States in the development of policies and guidelines in the area of intellectual property management and knowledge transfer activities and to promote the exploitation of publicly-funded research results. The Recommendation also outlines a Code of Practice which Member States and academic institutions could use as a basis for introducing or adapting national guidelines and legislation concerning the management of intellectual property or knowledge transfer. The Code of Practice consists of three main sets of principles; principles for an internal intellectual property policy; principles for a knowledge transfer policy; and principles for collaborative and contract research.