Announcing the Invent for Humanity™ Technology Transfer Exchange FairApril 26, 2011
THE LICENSING EXECUTIVES SOCIETY INTERNATIONAL, INC. AND THE CENTER FOR APPLIED INNOVATION ANNOUNCE THE INVENT FOR HUMANITY™ TECHNOLOGY TRANSFER EXCHANGE FAIR
April 27, 2011 (Chicago, IL) – The Licensing Executives Society International, Inc. (LESI) and the Center for Applied Innovation (CAI) today announced the Invent for Humanity™ Technology Transfer Exchange Fair, taking place concurrently with the LESI Global Technology Impact Forum (GTIF) on January 24-25, 2012 in Geneva, Switzerland.
The Invent for Humanity Technology Transfer Exchange Fair creates the world’s first transparent marketplace for humanitarian technology transfer and intellectual property (IP) licensing. “Invent for Humanity is an event, a marketplace and a community,” explained James E. Malackowski, President Elect of the LESI and creator of the event.
More than one billion people worldwide lack clean, safe drinking water (WHO). More than 2.5 billion people worldwide lack basic sanitation (WSSCC). This deadly combination causes half of the world’s hospitalizations and kills 1.4 million children each year (WHO). These are but two of the monumental challenges facing the majority of the world’s population (one in every five people) living on less than two dollars a day (World Bank).
While a multitude of organizations and individuals have created Appropriate Technologies – field-ready, sustainable solutions for developing countries, implementing these solutions has been difficult. Currently, there is no transparent marketplace for humanitarian IP licensing and transfer of Appropriate Technology. Innovators do not have clear, reliable mechanisms to transfer production rights for their solutions to manufacturers in developing countries. They must navigate a long, complicated and costly process to help.
Invent for Humanity works to facilitate the transfer of life-changing Appropriate Technology by creating an “Ecosystem for Impact“, which includes organizations like Kopernik, Powered by Action, the Certified Licensing Professionals, Inc. (CLP), LESI, and Global Access to Technology for Development.
The Invent for Humanity Ecosystem, together with participating needs organizations and technology providers, works to create the first transparent marketplace for humanitarian technology transfer and IP licensing through two mechanisms: Product Campaigns and Enterprise Campaigns.
Product Campaigns are simply transactions made possible by donors. Once funding is complete for a Product Campaign, the technology is shipped directly to the needs organization for effective deployment in developing economies.
Enterprise Campaigns require a more integrated approach. Once an Enterprise Campaign is fully funded, the local needs organization and technology provider work with the Invent for Humanity Ecosystem in order to structure licensing agreements, develop manufacturing and distribution infrastructure, and otherwise facilitate the enterprise development.
April 26, 2011 is World Intellectual Property Day. Created by member states of the World Intellectual Property Organization, this year’s theme – Designing the Future – provides an ideal platform for announcing the Invent for Humanity Technology Transfer Exchange Fair.
“Invent for Humanity provides an important point of connection between technology producers and those organizations with active technology needs, ensuring that relevant solutions and needs are visible to the policymakers who have the power to address issues currently impeding efficient technology transfer,” said Malackowski. “Basically, Invent for Humanity ensures that more technologies are deployed for the benefit of mankind.”
According to Ewa Wojkowska, Co-founder of Kopernik, an online technology marketplace for the developing world, “Invent for Humanity extends Kopernik’s online campaign presence and its supporting community.” Ms. Wojkowska continues, “There are a lot of great technologies out there, but the challenge is in getting them to people in the developing world. Together with Invent for Humanity, we can fill this gap and get more technologies to those who need them most.”
About the Invent for Humanity™ Technology Transfer Exchange Fair
Organized by the Center for Applied Innovation, the Invent for Humanity Technology Transfer Exchange Fair will take place in tandem with the LESI Global Technology Impact Forum 2012 in Geneva, Switzerland, on January 24-25, 2012. Invent for Humanity showcases field-ready sustainable innovations – Appropriate Technologies – and leverages the experience of professionals in IP and licensing in order to effectively match and structure the transfer of such technology to meet the needs of organizations working to benefit developing economies. The two day Invent for Humanity Technology Transfer Exchange Fair event is open to the media and the public.
About the Center for Applied Innovation (CAI)
The Center for Applied Innovation is an Illinois non-profit corporation created to manage education, public policy outreach and related economic activity around Applied Technology and intellectual property (IP) rights in the State of Illinois and around the world. Applied Technology is defined as proven IP or technology that is in use or was developed for a specific purpose and protected by patents and/or patent applications (as well as other forms of intellectual property such as trademarks and copyrights). CAI will examine the current environment and identify opportunities for IP to be utilized both in the State of Illinois and across the world to stimulate economic growth. The Center will create a critical mass of available resources and focus on redeploying existing IP, but will also encourage continued technology development.
About the Licensing Executives Society International, Inc. (LESI)
Founded in 1972, the mission of the LESI is to function as a non-profit professional organization supporting LES member societies in: setting and maintaining global professional standards for licensing executives; facilitating professional networking between members of LES societies; providing quality educational content for member societies; and serving as liaison between leading global organizations and policy forums concerning the significance and importance of licensing and other transfer of technology and intellectual property rights. LESI represents more than 8,000 individual members in over 90 countries. Visit LESI.org for more information.
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