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“IP Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP policies and issues in Italian universitiesMr. Alberto.

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Presentation on theme: "“IP Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP policies and issues in Italian universitiesMr. Alberto."— Presentation transcript:

1 “IP Management @ Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP policies and issues in Italian universitiesMr. Alberto Camusso Attorney-at-Law Partner Jacobacci & Associati Turin, Italy IP P OLICIES AND I SSUES IN I TALIAN U NIVERSITIES

2 “IP Management @ Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP Policies and Issues in Italian UniversitiesMr. Alberto Camusso Attorney-at-Law Partner Jacobacci & Associati Turin, Italy Summary An Overview 1.Legal and regulatory framework 2.University spin-offs 3.Patenting practices and licensing issues 4.A look ahead & conclusions

3 State Universities Non-State Universities  Different funding and financing  Same legal framework  Different governance Public research entities (CNR etc.) “IP Management @ Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP Policies and Issues in Italian UniversitiesMr. Alberto Camusso Attorney-at-Law Partner Jacobacci & Associati Turin, Italy 1. Legal and regulatory framework The University system

4 “IP Management @ Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP Policies and Issues in Italian UniversitiesMr. Alberto Camusso Attorney-at-Law Partner Jacobacci & Associati Turin, Italy 1. Legal and regulatory framework General legal framework  State law → framework for university establishment and public funding  Governance through autonomy → By-laws/statutes IP legal framework  Law n. 297/1999 and subsequent decrees on spin-offs  Law n. 383/2001 → Section 65 of the Code of Industrial Property on IP ownership

5 “IP Management @ Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP Policies and Issues in Italian UniversitiesMr. Alberto Camusso Attorney-at-Law Partner Jacobacci & Associati Turin, Italy 1. Legal and regulatory framework Researchers …  Researchers employed by universities / R&D centres  Independent researchers … and research  Institutional / Developed within the scope of activities of the university  Developed within specific projects financed by private entities

6 “IP Management @ Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP Policies and Issues in Italian UniversitiesMr. Alberto Camusso Attorney-at-Law Partner Jacobacci & Associati Turin, Italy 1. Legal and regulatory framework Ownership and entitlement for institutional R&D (Sec. 65 CIP)  The researcher is exclusive owner of patent rights  Universities can establish the maximum amount of royalties due, provided that researcher get at least 50% of revenues (70-50%)  If the invention is not exploited within 5 years, the university gets a free, non-exclusive, right to exploit the invention

7 “IP Management @ Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP Policies and Issues in Italian UniversitiesMr. Alberto Camusso Attorney-at-Law Partner Jacobacci & Associati Turin, Italy 1. Legal and regulatory framework Ownership and entitlement for R&D upon commission (Sec. 65 CIP)  Non-employed researchers are normally treated as employed researchers, through university regulations  Patent rights belong to the university, if expressly agreed pass on to commissioning private entity  Ownership and entitlement rights under Sec. 64 CIP (for private companies): may apply

8 “IP Management @ Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP Policies and Issues in Italian UniversitiesMr. Alberto Camusso Attorney-at-Law Partner Jacobacci & Associati Turin, Italy 2. University spin-offs  Entity established for the industrial/economic exploitation of the R&D results (“companies which evolve from universities through commercialization of IP and transfer of technology developed within academic institutions” )  Mixed public/private funding  University personnel/students/professors involved or employed  Governance rules bound to achieve institutional goals, ie providing a strategic link between universities and businesses and maximising the value of IP

9 “IP Management @ Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP Policies and Issues in Italian UniversitiesMr. Alberto Camusso Attorney-at-Law Partner Jacobacci & Associati Turin, Italy 2. University spin-offs University of Milan Spin-off experience * 24 spin-off companies 13 out of 21 participated by industrial partners or investors over 60% achieving positive results * Data from University of Milan

10 180 new inventions (constant growth since 1992) exclusive ownership of 66% of the patent portfolio co-ownership with universities and foreign research centres transfer of 25% of patents (license/assignment agreements) “IP Management @ Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP Policies and Issues in Italian UniversitiesMr. Alberto Camusso Attorney-at-Law Partner Jacobacci & Associati Turin, Italy IP results of Milan University

11 “IP Management @ Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP Policies and Issues in Italian UniversitiesMr. Alberto Camusso Attorney-at-Law Partner Jacobacci & Associati Turin, Italy 3. Patenting practices and licensing  Patenting strategies are affected by budget (overall University patent expenses in 2010: 2,1 million Euro * )  Mainly Italian applications (over 80%), then EP (9%) and PCTs (US and Japan, 9%) *  Managing and exploiting IPs → Spin-offs acting as either IP holders or IP (master) licensees * Data from NetVal

12 “IP Management @ Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP Policies and Issues in Italian UniversitiesMr. Alberto Camusso Attorney-at-Law Partner Jacobacci & Associati Turin, Italy 3. Patenting practices and licensing Hence …  University spin-offs MUST find licensees  Non-exclusive grants, at least for “umbrella” patents (ie nanotechnology)  Limited duration (3 – 7 yrs)  Minimum royalties /lump sum, regardless of patent file history  Options for new products, extensions, divisional applications  Standing for legal actions on licensee

13 “IP Management @ Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP Policies and Issues in Italian UniversitiesMr. Alberto Camusso Attorney-at-Law Partner Jacobacci & Associati Turin, Italy 4. A look ahead & conclusions  Patent strategies: quality v. quantity?, - 274 applications filed in 2010 - 320 patents granted in 2010 - over 2,600 patents in universities’ portfolio  Technology transfer is a resource for Italian system, still under construction (first office for TT founded in 1999), yet over 170% increase since 2004  Young patents being licensed, no mature technology → higher risks and less revenues in the short run

14 “IP Management @ Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP Policies and Issues in Italian UniversitiesMr. Alberto Camusso Attorney-at-Law Partner Jacobacci & Associati Turin, Italy 4. A look ahead & conclusions  Sec. 65 CIP called for reform – is ownership key to successful exploitation?  Still poor resources to finance public reasearch  Potential for co-ownership and co-financed projects → careful legal handling  High potential for private-funded R & D activities  Major increase of IP awareness and culture in the last 10 years

15 “IP Management @ Universities” Istanbul, May 16 to 18, 2012 Albert Long Hall, BOGAZICI UNIVERSITY IP Policies and Issues in Italian UniversitiesMr. Alberto Camusso, Attorney-at-Law, Partner Jacobacci & Associati, Turin, Italy THANK YOU Alberto Camusso Partner Jacobacci & Associati acamusso@jacobacci-law.com

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