design: impulsant
Saturday, March 26, 2005

Philips inventions exclusive for a VC

Emerce reported that Philips is forming a cooperation with a venture capital firm to exploit inventions done at the Natlab. New Venture Partners gets exclusive rights to Philips research and will invest in the research and exploit the spin offs. I think this might be a great move, although it's not new of course. More companies should have similar partnerships, and not only companies, but Dutch research institutions, like TNO and the Universities, should look at this way of partnering too.

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