From space to food: IP strategy for greener farming with space technologies
|Funding from Vinnova||SEK 100 000|
|Project duration||January 2019 - July 2019|
Purpose and goal
Vultus wanted to create a broader strategy for work with IP in all functions of the company. The purpose, was to support our ability to commercialize, and make use of current as well as existing R&D. The project, has been led to increased ability to commercialize our technology internationally, both in the short and long term, as well as created significant value for the company. We have developed a deep understanding av IP internally, and developed a detailed strategy for handling and work with IP. As a result, we have increased the interest for our product in the market, and raised 10Mkr.
Expected results and effects
During the project, we developed several detailed analyses, and completed an IP strategy. As a result, the project has achieved its goal goal of creating a detailed strategy for the handling and use of IP, and we have excellent circumstances to continue the work with IP. This will result in sustained long-term work relating to the company´s growing portfolio and usage of IP.
Planned approach and implementation
Through the project, we developed a deeper strategical plan for the handling and development of our IP. The work consisted of several components, including evaluating our business needs, making an inventory of existing IP and planning for coming development. The evaluation of the business needs, showed where we needed to protect or highlight our IP, and showed why we needed to work more with it. The inventory of our technology, gave a clear picture of the value and time spent on various components, and where there was strategic value of IP protection.