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Impact Licensing Initiative

Project description

Innovative technology licensing to solve societal and environmental problems

Impact licensing is an innovative licensing practice consisting of reusing and re-purposing intellectual assets for the benefit of society without compromising the already existing economic returns. It creates incentives for technology holders to explore new markets and to access more real-world data on technology performance and indicators than those available in the existing markets. Under the coordination of the Impact Licensing Initiative, the EU-funded ILI project aims to develop a toolkit of six instruments and two training modules as well as a network of intermediaries to introduce and accelerate the implementation of impact licensing in Europe. This will address the United Nations’ Sustainable Development Goals, guarantee Europe’s access to data as well as technology in times of crisis, and drive innovation and market exploration.

Objective

Technologies and data are still underused or sub-optimally allocated to solve the societal challenges of today in Europe and beyond. Moreover, the COVID pandemic and the recent war in Ukraine has revealed that (health, environment, energy,…) chocks in our systems create new technology needs and gaps in our access to necessary technologies in Europe itself. Impact licensing is a strategic instrument to optimize the valorization potential of technologies and data without losing sight of the economic dimension. It is a time-bounded voluntary permission granted by a technology holder to bring at preferred conditions an IP, a technology, a product or a service to a pre-defined market for a specified societal purpose which can be a societal or environmental unmet need or triggered by a crisis. Moreover, the impact licensing mechanism creates for technology holders important incentives for market exploration, reverse (frugal) innovation and access to real world data on technology performance and outcome /impact indicators.
This project aims to develop an integrated toolkit (6 instruments and 2 training modules) and a network of intermediaries (=clearing houses) across the EU to introduce impact licensing as an IP instrument (a) for societal value creation with focus on the UN SDG goals, (b) as an instrument for a resilient Europe that guarantees access to technology and data during crisis , (c) as a driver for innovation and research through performance data access and insight for technology improvement and (d) as a smart tool for (emerging) market exploration.

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Coordinator

IMPACT LICENSING INITIATIVE
Net EU contribution
€ 731 250,00
Address
MARTELARENPLEIN 20E
3000 LEUVEN
Belgium

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Region
Vlaams Gewest Prov. Vlaams-Brabant Arr. Leuven
Activity type
Other
Links
Total cost
No data

Participants (3)

Partners (1)