Waterloo stands out for its approach to intellectual property through Policy 73, which gives creators ownership of their IP. This means when you create something at Waterloo, you own it. This policy attracts innovative researchers and students, and helps them take their ideas forward.
Policy 73 explains how IP works for everyone at Waterloo. Most creators keep control of their work, which creates an environment where ideas and collaboration can thrive. When creators maintain ownership of their IP, they can better pursue opportunities like starting companies or working with industry partners.
To help bring research to market, Waterloo created the Waterloo Commercialization Office (WatCo). This office helps researchers develop their inventions into products and services people can use. WatCo provides guidance on patents, trademarks, and copyright protection. They also help analyze markets, develop business plans, and connect researchers with industry partners. For those looking to license their technology or start a company, WatCo helps with agreements and startup planning. This support makes it easier to navigate the path from idea to market.
Waterloo also runs Velocity, one of the world's most successful startup programs. Velocity gives students, faculty, and alumni the guidance they need to build successful companies. With over 400 companies and more than 5,000 jobs created, Velocity shows how Waterloo helps turn ideas into successful businesses. The university also offers programs and courses that teach students how to manage their IP and run businesses.
Research partnerships are another key part of IP at Waterloo. The Office of Research helps connect researchers with industry partners, often leading to new IP and ways to bring innovations to market. These partnerships help expand research possibilities and ensure innovations can benefit more people.
Waterloo works closely with Ontario's programs for commercialization, making sure research benefits local communities. The university partners with Intellectual Property Ontario (IPON), which provides IP knowledge and advice to innovators, researchers, and entrepreneurs across Ontario. Through these partnerships, Waterloo ensures its community has the support needed to protect their ideas and achieve their goals.
These IP protections and resources can make a real difference for anyone at Waterloo. Whether you're a student with a new idea, a researcher developing technology, or a faculty member looking to commercialize your work, Waterloo provides the tools to protect and develop your intellectual property. By supporting IP ownership, Waterloo helps advance individual careers while contributing to innovation in Ontario and beyond.
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