Intellectual Property at Massey
Massey Ventures is committed to translating innovative academic research into commercial opportunities, through existing commercial enterprises or new ventures. Our goal is to create and transfer knowledge for the benefit of New Zealand.
One of the key challenges in developing commercial opportunities is the effective management of intellectual property (IP).
The rights in ownership of intellectual property (IP) are subject to the Massey University Intellectual Property Policy. Massey's policy ensures that IP generated by university staff and students is used to maximise the flow of benefits to the community. The provisions of the policy enable staff and students to benefit from their commercially viable activities while protecting the rights of staff, students and the University as well as enhancing Massey's reputation. The IP generated may take a range of forms, including patents, design registrations, trademarks and know how (trade secrets).
In situations where project funding and support is provided by another organisation, that organisation may, as a condition of the support it provides, seek alternative arrangements for the ownership of IP. Such arrangements, including the identification of Massey University’s background IP, must be fully documented before commencing the work.
There is no doubt that having a strong IP position is favoured by commercial partners and investors, yet there is often concern expressed that protection of IP and publishing research are incompatible. This is not our experience and we can point to many examples where staff have been able to achieve both outcomes very successfully with some careful planning.
The cost of protecting IP can be significant and Massey Ventures and the university's commercialisation office have funding available to cover these costs in most cases. Please contact the commercialisation staff at an early stage to discuss IP management.
New Intellectual Property
We are always on the look-out for new innovations and opportunities. If you or your team are working on research that solves a problem or has commercial potential, then we want to hear from you. We encourage all researchers and academics to submit a confidential invention disclosure. The disclosure helps document and protect your intellectual property (IP) and notifies Massey Ventures so that we can get in touch.
If you are a researcher at Massey University (Staff or Student) you can submit a confidential Invention Disclosure here.
Depending on the route you want to take (proof of concept, development, patenting etc.) and the commercial potential of your idea you can access Preseed Accelerator funding. To learn more about Pressed and how it might be of benefit to you click here
Inventor Share of Net Benefits
Massey University offers sound benefits to staff who choose to develop their ideas with its experienced Research and Enterprise team. Creators receive 100% of the net revenue up to $15,000 over the life of the commercialisation, and a portion of the net revenue over $15,000. You can find more information on the Massey University Intellectual Property Policy here.
Staff inventor benefits include:
- Industry Partnerships
- Research Funding
- 100% of net revenue up to $15k
- Share of net benefits over the life of the commercialisation
- Shareholding in spin out companies