Launch of New EU Research Project “Impact Licensing Initiative (ILI)”: Harnessing Technology and Data to Address Societal Challenges in Europe

Impact licensing emerges as a strategic instrument designed to optimise the valorisation potential of technologies and data, while simultaneously preserving their economic value. This innovative approach involves granting time-bound, voluntary permission by technology holders to access their intellectual property (IP), a technology, a product, or service under preferred conditions to a predefined market. The aim is to meet specified societal purposes, such as addressing unmet social or environmental needs, or responding to crisis situations. 

The new Impact Licensing Initiative (ILI) project is dedicated to leveraging technology and data to address global challenges. Through innovative solutions and strategic partnerships, the research team sets out to create a more sustainable and equitable future for all. The new collaborative endeavour bringing together five partners from Belgium, Croatia, Germany and the UK will leave its mark in enabling companies to expand their societal value-creation potential. 

The project will develop an integrated toolkit comprising six instruments and two training modules. Additionally, a network of intermediaries (clearing houses) will be established across the European Union to promote impact licensing as an IP instrument. 

By introducing impact licensing, ILI seeks to pave the way for a more resilient, innovative, and socially responsible Europe. The project represents a significant step towards aligning technology and data with society's critical needs, ultimately contributing to a more sustainable and equitable world.