Any advantage that a business has can be used to encourage investment, including rights to use intellectual property in whatever form, specialised knowledge, etc.

Similarly, any risk that a business poses can discourage investment, including uncertainty about future royalties due or improvements that will be blocked from use, uncertainty about the availability of commercial licenses for technology in an R&D phase, regulatory uncertainties, uncertainty as to whether the resources internal to the business will be adequate to develop the technology further...

The BiOS Initiative aims to address some of the major uncertainties that can discourage investment, by providing not only license provisions supporting the growth of the technology, biosafety data etc. and no royalties, but also by providing support for the growth of a community, via the protected commons, that can capture improvements made by others, combine efforts for targeted improvements, overcome third party patent challenges etc.

Comments (0)