The Inlecom Patent Framework (IPF) Method: A Novel Approach to Patenting in EU-Funded Research Projects
Colin Keogh,
Pat O'Sullivan,
Vassilios Albanis,
Ronan Frizzell,
Patrick Durkin,
Christos Roupas and
Jenny Rainbird
No dj267, OSF Preprints from Center for Open Science
Abstract:
In the realm of EU-funded research projects, patenting innovations has historically presented multifaceted challenges, from alignment with strategic priorities to ensuring commercial viability. This paper introduces the IPF Method, a holistic approach developed over years of experience by the Inlecom team, having filed 50+ patents across both commercial and EU-funded research undertakings. The method uniquely emphasises a three-pronged assessment: technological novelty, market relevance, and strategic alignment with the European Commission's objectives. Through a comprehensive exploration, this paper highlights how the IPF approach can transform the trajectory of EU research innovations, ensuring they transcend academic archives to realise tangible market impact. While its transformative potential is evident, the method's challenges, such as evolving EC priorities and subjectivity in project review evaluations, are also dissected. Recommendations for refining and scaling the approach are proffered, emphasising feedback mechanisms, stakeholder training, and continuous refinement. The paper concludes with the assertion that the IPF Method, with its integration of commercial foresight and strategic alignment, can serve as a beacon for future EU research patenting endeavours.
Date: 2023-08-31
New Economics Papers: this item is included in nep-ppm
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:dj267
DOI: 10.31219/osf.io/dj267
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