Commercialization of Intellectual Property Rights at Universities a s an Additional Revenue Stream

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dc.contributor.authorWekesa, Moni
dc.contributor.authorMikinyango, Asha
dc.contributor.authorOkayo, A.
dc.contributor.authorWekesa, K. T
dc.contributor.authorSikuku, J. W.
dc.date.accessioned2024-05-07T07:47:17Z
dc.date.available2024-05-07T07:47:17Z
dc.date.issued2024-03
dc.descriptionJournal Article
dc.description.abstractThis paper investigates the commercialization of Intellectual Property (IPRs) at universities and the potential for universities in Kenya to leverage their Intellectual Property Rights (IPRs) as a vital revenue source. Even though they possess significant intellectual assets, many universities have failed to utilize IPRs and in turn, losing opportunities for income generation. The paper introduces the concept of IP commercialization and the legal IP framework in Kenya and proceeds to discuss how research conducted in institutions of higher learning can be commercialized through an analysis of best practices and case studies. The discussion outlines the relevance of Intellectual Property to universities, the strategies for universities to maximize the value of their IPRs and establish sustainable income streams. Drawing upon relevant literature and academic research, it provides insights into the commercialization process, legal considerations, and the role of technology transfer offices in facilitating successful IPR monetization. The paper concludes by establishing that by implementing proactive strategies and fostering a culture of innovation, universities in Kenya can unlock the full potential of their intellectual assets and achieve financial sustainability.
dc.description.sponsorshipDaystar University
dc.identifier.citationWekesa. M, Mikinyango A., Okayo A., Wekesa K. & Sikuku J. W. (2024): Commercialization of Intellectual Property Rights at Universities a s an Additional Revenue Stream.: Paradigm Academic Press Law and Economy
dc.identifier.issn2788-7049
dc.identifier.urihttps://repository.daystar.ac.ke/handle/123456789/4504
dc.language.isoen
dc.publisherParadigm Academic Press Law and Economy
dc.relation.ispartofseriesVOL.3, NO.3
dc.subjectIP commercialization
dc.subjecttechnology push
dc.subjectTripple Helix model
dc.titleCommercialization of Intellectual Property Rights at Universities a s an Additional Revenue Stream
dc.typeArticle

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