Microsoft expands IP licensing program
C|Net | at | by Mike
Microsoft is stepping up efforts to license technologies from its research efforts to entrepreneurs and small businesses. The company is marketing a special portfolio of intellectual property to economic development agencies in Europe and Asia as a tool to support local start-ups, Microsoft said Monday. So far it's signed up Enterprise Ireland and The Finnish National Fund for Research and Development.
"Microsoft is an intellectual property company," Brad Smith, Microsoft senior vice president and general counsel, said in a statement. "By extending the reach of IP Ventures through government agencies, we believe new businesses will bring more technology to market faster, and they'll also contribute back to local economies."