How to increase capital using intellectual property

From 15 to 16 November 2022, the Ministry of Justice of the Republic of Kazakhstan, together with the World Intellectual Property Organization (WIPO), held a webinar on the topic «Advancing the Commercialization of Intellectual Property (IP) Assets through IP Valuation and Institutional IP Policies for Universities and Research Institutions».

The webinar was attended by representatives of the Supreme Court, the Prosecutor General’s Office, the Financial Monitoring Agency, the National Chamber of Entrepreneurs «Atameken», higher education institutions, the Ministries of Culture and Sports, Internal Affairs, Information and Social Development, Health care, education, as well as the territorial bodies of justice and RSE «National Institute of Intellectual Property» of the Ministry of Justice. 

The head of the WIPO Technology Transfer Section, Olga Spasic, and associate professors of the University of Grenoble-Alpe (France), André Gorius and Véronique Blum, introduced the evaluation of intellectual property, its basis and methodology.

Note that the theme of the webinar is not chosen accidentally, as currently positive growth and economic development is based on scientific and technical progress. In this regard, the State needs to ensure effective protection of the rights to the results of intellectual creativity, which will encourage authors and rights holders to create new objects. 

Also, experts presented the international experience of innovative entrepreneurship, its practical application, as well as suggested methods of implementation of commercialization for the market of Kazakhstan.