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Description:Scroll Down to Learn About MENU Introduction The Portal FAQ Glossary Contact Us Introduction Your browser does not support the video tag. : the foundation’s Approach to Managing Innovation At the

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Scroll Down to Learn About MENU Introduction The Portal FAQ Glossary Contact Us Introduction Your browser does not support the video tag. : the foundation’s Approach to Managing Innovation At the Bill and Melinda Gates Foundation, we believe in the transformative power of innovation. We are constantly pushing ourselves and our partners for new solutions to improve global health, to alleviate hunger and poverty in the developing world, and to improve access to quality education. By working together to apply creative thinking to enormous challenges, we believe that we all can fix some of the world’s toughest problems. Innovative solutions to these problems often come in the form of new technology. But none of these innovations will make any difference in the lives of the people who need those vaccines, those seeds, those toilets, unless these innovative products actually reach them. So our ultimate objective is to make sure that the people we are trying to reach actually receive the innovative products that our partners are developing. This is part of a concept developed by the foundation called " ." Specifically, means that knowledge and information generated by our projects will be promptly and broadly disseminated and that the developments created will be delivered at an affordable price to the people who need them most. A Comprehensive Approach To ensure that access, we adopt a comprehensive approach that spans the full product development life cycle, from discovery through to delivery. We challenge partners to formulate sustainable strategies for ensuring that the product reaches our target beneficiary markets while taking advantage of profits that may be generated in other markets. An important part of these strategies is the management of any Intellectual Property that arises from the work we fund. Such strategies allow for IP protection when it is demonstrated that it will support and sustain the foundation's objectives. In the end, we want to make sure that the products developed with our funding actually enter the markets we serve - the charitable markets - and is of real and meaningful benefit to those populations. For us, that's where the real results lie. This training is intended to help you understand the role of Intellectual Property rights in the foundation’s approach to achieving . We believe in the power of innovation to solve problems Bill and Melinda Gates Foundation The Role of IP in is a creative concept we came up with in 2003 that requires our grantees and partners to commit to making the products and information generated by foundation funding widely available at an affordable price, in sufficient volume, at a level of quality, and in a time frame that benefits the people we're trying to help. What role does Intellectual Property play in the foundation's approach to furthering ? Intellectual Property provides a great opportunity to think creatively and strategically about how we can reach our ultimate beneficiaries. The careful and deliberate management of IP (patents, copyrights, trademarks, trade secrets, and rights in data) and the associated rights created or accessed through foundation-funded projects, is a critical component to achieving . commitments also apply to collaborations with for-profit entities. Whether it is a groundbreaking diagnostic tool or a new toilet that does not require a sewer connection or electricity, they are allowed to sell what they develop with foundation funding at a profit in the developed world, as long as the products are made available to the people who need them most. Obligations In the spirit of establishing attainable and meaningful goals, the foundation strives to right size obligations for each of our partners. obligations are specific to each project, depending on a number of factors, including foundation goals and needs, project duration, engagement model (i.e., grant, contract or program-related investment), partner alignment, complexity and scope of project, stage, presence and nature of Background IP or Background Third Party IP involved, future use of Funded IP , and the structure and experience of the partners involved. Approach Flexibility Although is specific as to its outcomes, it is flexible in its approach. The range of obligations may include a basic clause, the foundation taking a non-exclusive license to the Funded IP , or a requirement that the partner satisfy certain specific milestones. Such milestones may consist of establishing certain agreements among project partners, acquiring the IP license rights to particular technology necessary to successfully conduct the project and develop a product, or developing a project-specific " Strategy." Strategy In general, the IP piece of a Strategy addresses: Identification of Background IP and specific strategies to ensure sufficient access to that Intellectual Property. Agreements and/or procedures for transfers of materials and data among project participants. Reporting processes to both the project management team and to the foundation, as well as the process for publishing and disseminating the knowledge and information gained from the project. Strategies to secure, manage, and allocate Intellectual Property rights associated with the Funded Developments or Background Technology in a way that ensures while providing incentives for future potential private sector participation. Anticipated development, commercialization, and sustainability strategies during and after the project to ensure that can be met. Strategy, Continued In this way, the foundation relies on our partners to develop creative solutions, not just in terms of the technology solution that may be needed. We also challenge partners to formulate sustainable strategies for ensuring that the product reaches our target beneficiary markets. For the sustainability of the project, we encourage partners to consider IP assets arising from the foundation-funded project in terms of how they might create incentives for all the parties along the value chain. The foundation also takes a pragmatic approach to the management of IP Rights . Effective management of IP to achieve still allows for commercial opportunities and formation of unique and powerful collaborations. The Power of Partnership Partnerships and collaborations are a critical element of the foundation's strategy because we believe in their power to expand the reach and depth of our work. We seek collaborative partnerships with those that have the tools and infrastructure to bring about the changes that will enable all people to live healthy and productive lives. Partnerships enable us to draw on the unique talents, resources, and know-how of industry, academia, and the public sector to better serve our intended beneficiaries. IP Rights are often seen as an insurmountable obstacle to a collaboration or partnership. However, when structured from the beginning with the guiding principles of , the perceived barriers raised by IP Rights are lowered, allowing for unique partnerships that can immensely benefit the charitable markets that the foundation seeks to serve. Charitable Markets and Commercial Opportunities We recognize that many of our investments will result in new technologies, and that these technologies may well have applications for wealthy as well as poor markets. Since our grant-making model provides for our grantee partners to typically own the results, we want to talk candidly about how a grantee partner will manage these potential IP assets to achieve project-specific objectives and to advance the foundation’s charitable mission. An "incidental private benefit" that might result from the commercial application of these dual market applications is fine, as long as the charitable purpose of the project remains the central focus and top priority for all partners. We also recognize that free market forces will not take care of our target beneficiaries. In fact, that’s precisely why we’re do...

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