New Zealand IP Policy Empowers Researchers for Commercial Success

New national intellectual property policy in New Zealand aims to give researchers more control over inventions and enhance opportunities for commercial success. The policy allows university researchers to have the first right to commercialize their inventions independently or with university support, with capped equity stakes for universities in spin-out companies. The goal is to incentivize researchers, foster innovation, and streamline IP management to facilitate faster commercialization and economic growth.