European Commission: Strategy for R&D and Innovation

Commission of European Communities has proposed a strategy to establish European leadership in Information and Communication Technologies (ICT).  The report estimates the worldwide ICT market value to be €2 000bn and currently growing at 4% per year. Moreover, Europe is estimated to represent 34% of this value.

The commission said that, “In the EU, ICT R&D accounts for a quarter of all private R&D spending, a third of all R&D employment, and a fifth of all patents9. Even so, the EU’s ICT business sector spends less than half on R&D as its US counterpart, accounting for half of the total gap in private R&D spending.”

The strategy aims to step up R&D investments in ICT and double it within a decade. The commission said that the strategy will increase the R&D investment in ICT from €1.1 bn in 2010 to €1.7 bn in 2013.

“The framework conditions for regulation, standardization and intellectual property right (IPR) regimes need to be adapted to new realities.”, it said. Moreover, the report has proposed creation of a community patent to increase the effectiveness of IPR system.

View: A Strategy for ICT R&D and Innovation in Europe

Tecesq to foray in IP Education

Innovation in technology is an important factor that determines the growth of industry an economy. This innovation can be protected as Intellectual Property. However, only a fraction of our technical and business society understand the importance of Intellectual Property. Although, a lot of information is available online and in books, a single source that can coach the tech leaders of tomorrow is still missing.

This is the thought, that guides Tecesq to foray in the market with courses in Intellectual Property. The courses are expected to range from beginner to advanced and targeted from students to senior management level professionals. These certificate courses will open job prospects for students and professionals at early stage of their career. Also, these courses will equip the mid-level and senior-level professionals with tools to measure and foster innovation in their company. After all its Intellectual ‘Property’, and property always pays!

Keep an eye on this space for the latest updates and opening dates for these courses.