THE UMIP MISSION
UMIP contributes to the aims and objectives of The University’s “Exemplary Knowledge and Technology Transfer” agenda by providing Intellectual Property (IP) management and commercialisation activities:
- Transferring science and technology to the market place through IP sale, licence or spin-out.
- Making an important contribution to the economy regionally, nationally and internationally and to the quality of public life.
- Reinvesting returns from successful IP commercialisation activities back to the University, for example, through income from the sale of spin-out company shares or royalty income from licence agreements.