Departmental Reports

Dáil Éireann Debate, Thursday - 10 October 2013

Thursday, 10 October 2013

Questions (94)

Dara Calleary

Question:

94. Deputy Dara Calleary asked the Minister for Jobs, Enterprise and Innovation in view of the commencement of intellectual property based derivatives trading by IPXI, Chicago, in June, the actions being taken vis-à-vis the report entitled Feasibility Study for Making Ireland a World Centre for Managing and Trading in Intellectual Property of January 2013; when this report will be published; the main conclusions and actionable recommendations of said report; when these recommendations will be implemented; and if he will make a statement on the matter. [42867/13]

Written answers

Minister of State at the Department of Jobs, Enterprise and Innovation

In order to deliver on a commitment in the Programme for Government which was further articulated in the Action Plan for Jobs 2012, my Department commissioned a Feasibility Study to examine what structures and policies could be developed to make Ireland a world centre for managing and trading in intellectual property. The objectives of the study were to identify and describe the emerging trends in IP Portfolio Management in corporations globally; and taking account of such global emerging trends, to identify options and models for Ireland to leverage its existing strengths to become an internationally attractive centre for managing and trading in IP, such that this could realise an economic and jobs potential.

The Study, which was undertaken by Deloitte, was finalised in January 2013 and is now being considered by officials in my Department in the context of wider policy developments and economic conditions domestically and globally. Following this consideration, proposals will be developed regarding the next steps to be taken resulting from the findings of the Study.