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Changes to IP rules expected at EIC

Image: European Union

Recommendations giving institutions more control should be enacted in 2024, says European Innovation Council chair

A leading member of the European Innovation Council’s governing board has said he expects the European Commission to implement changes to the funding agency’s rules on intellectual property.

The EIC has a budget of €10 billion for 2021-27 to support the development of cutting-edge technologies and their commercial exploitation. But some research and innovation groups have complained that its IP rules are “counterproductive” and “unworkable” because they give individual researchers indefinite rights to exploit IP they have contributed to developing, effectively enabling them to circumvent institutional interests.

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