Many governments use IP development strategies as an important component of their economic development efforts. Governments are significant players in the creation of IP. As developers of IP, governments seek the most effective methods of putting the IP to use through transfer of the technology to the private sector. Government officers are also under pressure to partially or fully recover the costs of their operations, particularly when the public sector is providing services to businesses.
However, many are still grappling with the balance of managing IP assets in a way that serves the public best. Questions that should be asked include:
• How will revenues/benefits from the commercialisation of intellectual property be shared between the originator(s) and government funding providers?
• Will the transfer of government-owned or government created IP to the private sector lead to market distortions, such as the creation of a monopoly supplier of a good or service to government or the public?
DR. NOEL BYRNE will provide an overview of IP management policies from government and government-related agencies from Australia and the United Kingdom before starting discussion on policy considerations. The discussion will be facilitated by MR. SURESH SACHI who will be adding in the Singapore perspectives and his observations on policy considerations facing agencies here. To ensure a fruitful session, participants are encouraged to share issues that they are facing or any burning questions that they have.
