Science

Management of Intellectual Property

Updated: 2014 11 10

The management of intellectual property is based on a set of principles which higher education and research institutions are expected implement in order to effectively manage the intellectual property resulting from their own or collaborative activities in the field of research and development. The aim of knowledge and technology transfer is an active use of such intellectual property.

In 2008, with the view to providing guidelines for the development of an intellectual property policy – guidelines to improve the management of intellectual property as well as knowledge and technology transfer – the European Commission prepared a RECOMMENDATION on the management of intellectual property in knowledge transfer activities and Code of Practice for universities and other public research organisations.

The Law on Higher Education and Research has created conditions for higher education and research institutions in Lithuania to acquire – on the basis of contracts or in accordance with the procedure laid down by laws – property rights arising from intellectual activity results.

With the change of their status from a budgetary to a public institution, higher education and research institutions in Lithuania have an opportunity to apply different principles of the management of intellectual property that facilitate commercialisation of R&D results. While applying the adopted principles of the management of intellectual property, higher education and research institutions improve their economic and social environment, make an impact on their own activity results and reflect the interests of business and industry as well as their academic partners, and also notably contribute to the progress and welfare of the state.
Higher education and research institutions in Lithuania are offered a consultative document on the rights arising from the results of intellectual activities: