(PRWEB) August 21, 2006
London, UK – (PRWEB) August 21, 2006 – Filemot Technology Law Ltd (http://www.filemot.com) has responded to the UK Patent Office Consultation on Innovation Support by calling for the creation of a public technology transfer office.
Government Higher Education Funding provides University researchers with publicly funded expert assistance in using the intellectual property system. University technology transfer offices are now well funded and can give University inventors access to professional patent agents at no cost to themselves.
Independent inventors and those working in the corporate environment are thereby disadvantaged. The UK Patent Office provides information on the IP system. It does not currently help inventors with the all-important step of evaluating and testing their business model to find out whether the invention can become the basis of a successful new business. Support for the creation of teams and development of a business model based on the invention is sorely needed.
Barbara Cookson, managing director of Filemot Technology Law Ltd and former equity partner in city law firms, Nabarro Nathanson and Field Fisher Waterhouse says “Many inventors waste their energy on projects which are doomed to failure. A little direction and access to supportive rather than purely paid-for advisers would enable them to develop new businesses more efficiently. The support available within the university system means that companies developed by academics are now benefiting from an unfair advantage. The UK Patent Office is in a good position to sponsor the change needed.
Universities have an important role in innovation support. They need to ensure that their students not only understand the basics of IP law, but can also apply that knowledge in order to create entrepreneurial businesses. Cambridge University’s business plan competitions are an excellent model of how that training can be carried out in a competitive and entertaining manner. The UK Patent Office has been invited to sponsor the 2006 competition.”
About Filemot Technology Law Ltd (http://www.filemot.com)– this business was established by chartered patent agent and Cambridge University graduate, Barbara Cookson to explore different models for providing patent agency and legal support services for entrepreneurs.
About Cambridge University Business Plan competition - this is run by student organisation, CU Entrepreneurs. The 2006 presidents are:
Rahul Vohra +44 7904 920171 and
Xianjie (XJ) Boey +44 7790034933
Filemot Technology Law Ltd
+4420 3043 8553