Region. UWS signs agreement

The University of Western Sydney and Intellectual Ventures (IV) have signed a master license agreement to develop inventions and finance patenting costs for inventions. Professor John Ingleson, deputy vice-chancellor (international and development) said the agreement will see more opportunities for ideas and inventions at the UWS to be commercialised. "The agreement with Intellectual Ventures will open up more opportunities for UWS researchers to tap into a global source of funds and commercialise their ideas - particularly ideas which are in the early stages of development," he said. Intellectual Ventures is a $5 billion organisation that funds the creation, dissemination and use of technological inventions.