During recent decades, the R&D field has witnessed a rise in technological complexity. This entails the presence of a pool of intellectual property (IP) rights within the most advanced products and services. Also considering that the number of patent filings increases steadily, companies therefore have to rely on third party IP rights to innovate.
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A natural outcome of this multi-invention background is the need for companies to cooperate with other research and technology development performers (RTDs) in order to produce innovative solutions.
This fact sheet aims to highlight the importance of the open innovation model as an opportunity for small and medium-sized enterprises (SMEs) as well as for research and technology organisations (RTOs), and to highlight the issues to be taken into account for a proper management of IP when innovating through open approaches.