The Technical University of Darmstadt has introduced an innovative approach to managing intellectual property rights that has transformed its relationships with spin-out companies.
Under the IP4Shares model, instead of spin-outs paying the university to license intellectual property, the intellectual property is transferred directly to the company. In exchange, the university receives virtual shares in the company; these shares do not include voting rights.
“From our experience, it’s a win-win for everyone. Founders move on quickly, investors see a clear structure, and we benefit when the company succeeds,” said Harald Holzer, Managing Director of Highest, TU Darmstadt’s innovation and start-up centre. He made these remarks during the EU’s Research and Innovation Days event on September 17.
https://sciencebusiness.net/news/r-d-funding/universities/virtual-shares-build-trust-university-spin-outs
