IT IS NOW OR NEVER; FOR ENHANCED RESEARCH COLLABORATION, NAY, PARTNERSHIPS BETWEEN INDUSTRY AND INSTITUTES/ACADEMIA

Pens have gone dry and words have run out, highlighting the need for Industry-Academia collaboration. However, it is indeed deeply dismaying that very little progress has been made in “building the bridges” we have been advocating and promoting over the last few decades, when the necessity and urgency of innovative research leading to IP/Patent protection and technology licensing is recognised as a priority. Except for couple of pockets of excellence, there have been very few “box office” hits to write about. One example to quote is the Venture Centre at the NCL (National Chemical Laboratory, Pune) headed by Dr. V. Premnath. A few exceptional achievements in a relatively short time by this innovation/start up incubation centre are worth taking note of.

LICENSING BY OUTSIDE INNOVATOR IN HOTELLING MODEL REVISITED

This paper extends Banerjee and Poddar [Banerjee, S and S Poddar (2019). ‘To sell or not to sell’: Licensing versus selling by an outside innovator. Economic Modelling, 76, 293–304] by lifting the cap on per unit royalty rates in the cases of royalty licensing and two-part tariff licensing. We reconsider the optimal technology licensing contract by an outside innovator facing two heterogeneous licensees in a standard Hotelling framework. Our findings show that the optimal licensing policy could be fixed fee to the efficient firm, or two-part tariff to both firms (pure royalty to both firms), or two-part tariff to the efficient firm, depending upon the cost differentials between the firms and the size of innovation.

Intellectual Property and Innovative Development: Problems and Trends

Aim. The presented study aims to examine the development of intellectual property in the context of the innovation process.Tasks. The authors define the major prerequisites for the transformation of the institution of intellectual property; monitor the dynamics of trademark applications filed in the Russian Federation in 2016–2020; briefly describe factors influencing the commercialization of intellectual innovative developments.Methods. This study uses general scientific methods (the monographic method, analysis and synthesis, induction and deduction) and methods of structural, systems, and comparative economic analysis.Results. The analyzed trends in the development of intellectual property shows that the use of the ecosystem approach in technology transfer and constructive interaction between individual subjects of technology transfer will facilitate active development of the research potential of certain organizations and implementation of developments in production, while also strengthening the position of the Russian Federation in the global high-tech market. Comparative analysis of the global intellectual property market shows that international technology licensing grows by approximately 18% annually, while domestic technology licensing increases by only 10 % each year. Therefore, it can be concluded that intellectual exchange is one of the drivers of globalization. However, the recent trend towards increased regionalization raises the urgent issue of intensifying the creation of a national technology transfer ecosystem in Russia – one that would be closely linked to the national industrial ecosystem – in order to enhance the competitiveness of goods and services produced by Russian companies. There is an obvious global trend towards the transformation of traditional business models and the emergence of unified corporate, industrial, or national environments of cooperation chains aimed at developing new technologies.Conclusions. It can be argued that the development of intellectual property is one of the factors that determine the sustainable and progressive development of the innovation economy as a whole. This potential is realized through the commercialization of innovative developments and the protection of intellectual property. In view of the high importance of protecting national developments, it is advisable to support them within the framework of the national economic policy.