However, we also fund and carry out our own internal research and are involved in a significant number of collaborative projects. When a disruptive invention appears, we will seek to protect it to assist its effective uptake by industry and to enhance our own business aims.
TWI’s Intellectual Property Rights (IPR) strategy is developed hand-in-hand with the technical development of any invention. We seek to remove barriers to the rapid introduction of the invention by a number of methods including patenting the underlying technology, running collaborative research efforts to develop the idea, offering licences on a non-discriminatory basis, speedily publishing results of developments and organising appropriate dissemination events.
All licence royalties are reinvested in TWI for the benefit of the membership as a whole and used to fund the development of new ideas.