According to the public relations and information center of the Vice-Presidency for science and technology affairs, Sorena Sattari expressed on the second meeting of top elites of the intellectual property market with the Vice-Presidency for science and technology affairs, stating: inventors and idea owners must know that one of the most important methods to commercialize knowledge-based products is finding investors in the venture capital field.

He pointed out the fact that he was not sure about activation of intellectual property market at first, expressing: about four years ago, there was no concept such as startup, venture capital, invention, commercialization, intellectual property market and events that occur in universities today to the extend we witness today.

The vice president for science and technology affairs continued: however, all of these issues have significantly improved today and all of the people are looking for the development of knowledge-based area and directing the government toward the enhancement of intellectual property market.

He added: this is mainly promising for inventors, who must know that one of the fundamental techniques to commercialize their knowledge-based products is investment in the venture capitals.

Sattari emphasized the importance of investment in the area of venture capitals, claiming: venture capitals must be used as substitute for other facilities, including loans, since no adequate result could be obtained if there is a lack of investment in venture capitals.

The vice president for science and technology affairs mentioned the cooperation between this headquarter and stock exchange market, affirming: we hope that this type of cooperation leads to proper measures to be taken in order to develop the intellectual property market and commercialize invented products.

Institutionalization of Intellectual Property Market in the Country Will Be Associated with a Successful Economy

Alireza Daliri, deputy for management and resources development headquarter, stated on this meeting: after facing various problems in the holding of different festivals on intellectual property market, we have reached a situation where we need to institutionalize the market. In addition, a proper foundation must be officially and legally laid in Pardis technology park, the Vice-Presidency for science and technology affairs and Fara Bourse organization of Iran with a defined position.

Daliri pointed out that there was no hope for activation of intellectual property market in the country due to difficult valuating rules of the market, stating: at first, turning ideas into knowledge was not an easy task both in terms of valuation and acceptance of ideas by investors. Fortunately, presence of valuable ideas based on the market needs has led to welcoming of this notion by investors, leading to proper enhancement in this area.

Daliri also mentioned the greater need for attention to science and technology, asserting: despite many gaps and needs in the intellectual property market of the country, many technological and applicable ideas have been presented in the market, which can be used to meet the needs of our community by recognizing the current needs and problems of the country.

Daliri talked about the end of traditional activities, claiming: today, we need to pay more attention to startups and technological activities since they can lead to investment, benefit and eliminating society needs.

Deputy for management and resources development headquarter agreed with the concept that having a Fara Bourse perspective in Iran leads to knowledge-based Fara Bourse in this country.

Flourishing of the Market for Projects of Intellectual Property Market

Akbar Ghanbarpour, head of the technomart of Iran, expressed: on the first meeting, six contracts with the value of 45 billion IRR were signed, and eight contracts are revealed today.

He provided a general report on intellectual property market, innovation festivals and signing of contracts, stating: currently, 238 inventions, industrial projects and commercial signs have been inserted into the panel of the intellectual property market. Three contracts have been predicted in this market, including BSc, cooperation or actual sale.

Head of the national technomart of Iran continued: to this date, 21 cases have entered the market with the value of 165 million IRR. Mean value of each contract has been estimated at seven billion and five hundred IRR.

Pointing the need for innovative ideas to make developments in this market, he added: this event will be held by the national technomart of Iran. Holding festivals is associated with the presence of investors and inventors. In addition, negotiations will be made in a half-a-day event, and will be followed up by brokers.

90 billion IRR for Contracts

The contracts revealed in this meeting, total sum of which was estimated at 90 billion IRR, are presented below:

“Manish hardening agent for baking epoxy resins” with the owner of Ali Jan Nesari and Pars Pamchal Co. is purchased with the value of 11 billion IRR.

“Surface-modified nano alumina for use of colors, covers, engineering plastics, tires” with the owner of Mehran Rostani was bought by Izonam Co. for 7 billion IRR.

“Non-expandable catalyst mat coating strengthened with nano material used in catalytic converter of cars” with the owner of Sousan Rasouli was purchased by Adak Polymer Industry Co. with the value of 10 million IRR.

“Construction and combination of Turkish and multi-color colors using water solvent” with the owner of Manouchehr Khorasani was bought by color and resine Ronika Co. with the value of seven billion and 800 million IRR.

“Synthesis of particularly networked polysaccharide resin (carbomer) in aqueous environment” with the owner of Mojtaba Karimi, which was purchased at eight billion and 500 million by Mohammad Habibi. 

“Production of glues sensitive to temperature with repair temperature of 80 °C to be applied in lane coatings for oil and gas pipelines” with the owner of Reza Amini is purchased with the value of eight billion IRR by Isofam Co.

“Creation of anti-snow and antifreeze solution for asphalt based on dolomite” with the owner of Alireza Ghanbari (Jahan Zar Kavan Complex of Kermanshahr) is purchased by Behin San’at Sazan Dayegan Co. with the value of 10 billion IRR.

“Production of chemical potassium sulphate fertilizer with high solubility” with the owner of Mohammad Reza Shemshadi is purchased with the value of 30 billion IRR by Tooska Tejaran Arian Co.

Intellectual property market has been established since June 2014 with the cooperation of Pardis technology park, stock exchange market, document registration office and housing organization and with the support of the Vice-Presidency for science and technology affairs, based in Fara Bourse company.

This market has been established due to note (D) of Article (17) of the fifth development plan with the title of support of government from “establishing technology and idea market” in order to commercialize the achievements of innovators, inventors and entrepreneurs through sale or attracting investors.

The national technomart of the Vice-Presidency has been established with the cooperation of Fara Bourse company to increase the ability to identify audiences and perform marketing and provide proper innovations to the market by holding festivals in this field.