April 2, 2014
How does IP Help Create New Start-up Companies?
Public sector institutions use intellectual property (IP) to take the incredible innovations developed in their research labs to the market. When a new technology is discovered, IP enables institutions to create a new start-up company that can further refine their work and create a new, groundbreaking product for the consumers.
Ultimately, IP enables society to turn publicly funded research into new innovations, economic growth and jobs.