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LES South Africa is a non-profit organization dedicated to promoting technology transfer and commercialization through teaching, networking, and publishing. We support the Technology Innovation Agency (TIA) Bill and propose considerations to ensure effective IP commercialization. Join our community of professionals in the field!
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Welcome to theLicensing Executives SocietySouth Africa The Licensing Executives Society of South Africa
Licensing Executives Society The Licensing Executives Society of South Africa is the South African arm of an international association of professionals specializing in technology transfer and who are dedicated to the creation, promotion and implementation of business opportunities through equitable technology transfer internationally. The Licensing Executives Society of South Africa
Licensing Executives Society The International Licensing Executives Society comprises of more than 30 national and regional societies and have in access of 12 000 members over the world. The Licensing Executives Society of South Africa
LES (South Africa) continued Two main activities: • Teaching: • Workshops • Seminars • Current-affairs meetings • Knowledge repositories in the forms of web site, les Nouvelles, LESI database, etc • Networking: • Local and international events • LESI membership directory, etc. The Licensing Executives Society of South Africa
LES (South Africa) continued Nature & Objectives: • Non-profit organisation. • Encourage high professional standards. • Assist members in improving their skills and knowledge. • Inform public, business and government about technology transfer, including licensing. • Publish latest, most accurate information on the subject of licensing. The Licensing Executives Society of South Africa
So what is licensing? Licensing is an arrangement between parties in terms of which one party grants certain rights to its intellectual property to another party for consideration. Franchising is a special type of licensing. The Licensing Executives Society of South Africa
Technology Innovation Agency Bill • Introduction • The submission is from an IP commercialisation perspective • LES SA welcomes and supports • the objectives of the Bill • the establishment of the TIA • LES SA proposes consideration of certain issues: • with implications to the commercialisation of IP • for purposes of clarification. The Licensing Executives Society of South Africa
Technology Innovation Agency Bill • Primary Issues to be Considered • The apparent conflict of interest: • duality of the proposed enabling-and-competing nature of the powers, duties and functions of TIA The Licensing Executives Society of South Africa
Technology Innovation Agency Bill • Primary Issues - continued: • 2. Scope of the innovations and inventions to be dealt with by the TIA: • 2.1 General: • technological nature only? • intellectual property from publicly financed research? • research and/or development? The Licensing Executives Society of South Africa
Technology Innovation Agency Bill • Primary Issues - continued: • 2.2 Intellectual Property Rights From Publicly Funded Research Bill: • TIA Bill and the IPRFPFR Bill • National IP Management Office (‘NIPMO’) vs. TIA The Licensing Executives Society of South Africa
Technology Innovation Agency Bill • Primary Issues - continued: • 3. Transition from the South African Inventions Development Corporation (“SAIDCOR”) to the TIA: • potential transfer of assets (IP & IPR) • deregistration of SAIDCOR in terms of Companies Act • repeal Inventions Development Act (No. 31 of 1962) The Licensing Executives Society of South Africa
Technology Innovation Agency Bill • Primary Issues - continued: • 4. Commercialisation of Inventions & Innovations: • development of expertise to protect & commercialise IP • caution against mere apportionment, transfer & decentralisation of R&D and IP between institutions • due consideration of: • R&D activities • IP portfolios • technical, legal & commercial expertise The Licensing Executives Society of South Africa
Technology Innovation Agency Bill • Certain Definitions: • “functions” • “innovation” • “research” and/or “development”; • “invention” • Verb and/or noun usage of “innovation” and “invention” • “intellectual property” The Licensing Executives Society of South Africa
Technology Innovation Agency Bill • Definitions - continued: • “exploitation” • “commercialisation” • “technological” • “incubation” • “diffusion” • “publicly funded research” The Licensing Executives Society of South Africa
Technology Innovation Agency Bill • Other Issues • Assignment – Clause 4(3) and the Patents Act • Board Members, Chairperson and the Chief Executive Officer • Consecutive Terms The Licensing Executives Society of South Africa
Technology Innovation Agency Bill • Conclusion • LES SA welcomes the broad the Bill and the establishment of the TIA • LES SA proposes consideration of: • Certain issues from an IP commercialisation perspective • Certain definitions and ambiguities • LES SA would gladly assist with: • finalisation of the Bill • establishment of TIA. The Licensing Executives Society of South Africa
Want to know more about… Visit LES South Africa at www.licensing.co.za and visit LES International at www.lesi.org The Licensing Executives Society of South Africa