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technology group rushes to woo city

by:Newland     2019-09-15
Andy coghlan, a British Technology Group, has begun to see the city and foreign financial institutions as potential partners in the operation of privatized BTG.
The group offered commercial development for the invention of universities and Polytechnic, but it has not yet been sold, and therefore strongly opposes its privatization.
A bill promoting privatization is currently being passed in parliament.
Last week, it removed an obstacle, the stage in which members of Congress changed the bill, but before it became law, it faced several more obstacles.
BTG has 8000 patents for 1500 technologies.
The inventor obtained members of the royal family from the organization.
Opponents of privatization are concerned that commercial pressure could undermine the independence of BTG and undermine the trust of ventorsput in the organization.
\"I am concerned that young inventors have a safe and reliable place to express their ideas without having to have them fly --by-
The University of Nottingham\'s Peter Memphis says the night organization that may disappear tomorrow.
He invented MRI and is now an important tool for medical diagnosis and one of BTG\'s greatest wealth --spinners.
Ian Harvey, chief executive of BTG, declined to accept suggestions that potential partners considered appropriate would be premature.
We are now actively looking for partners for the consortium.
He said it would be better to start moving forward in a constructive way.
Some institutions are in this country, some overseas;
We do not rule out a certain degree of international shareholding.
BTG is only interested in building partnerships with long-term secured financial institutions
Harvey said the long-term commitment of the BTG project is at least 10 to 15 years.
Partners must respect and maintain the group\'s \"integrity, impartiality, independence and key groups \".
In Harvey\'s vision of privatization BTG, employees and management of BTG, large financial institutions and higher education institutions will all have shares in the consortium.
The group has begun discussions with the university\'s principals.
However, the government does not guarantee that it will guarantee that new companies will be protected from acquisitions by companies that may simply sell BTG assets, rather than continuing to nurture new research ideas through the market.
Harvey hopes to ensure the independence of BTG through privatization.
For example, the government can keep \"gold shares\" that have no monetary value, but it can control the company.
Harvey wants ministers to promise that BTG will not be sold to a manufacturing company that will accept the most profitable inventions and sell the rest
Trade Agreement.
It\'s unacceptable that a trade deal will undermine your business, Harvey said.
I would be very surprised if we didn\'t get these guarantees.
Professionals, managers and expert bodies representing BTG employees object to this sale on the grounds that it has no purpose whatsoever.
Sarah Goodall of IPMS says that, in the end, this is pure dogma.
In a survey of employees, 75 people opposed privatization, and Goodall said many people might leave.
Harvey believes that many employees will leave if BTG is not privatized.
He said that if there was no guarantee that the organization would be privatized, I would not have joined BTG five years ago.
He pointed out that since he joined, BTGhas\'s revenue has increased five times and is superior to other states --
Have technology transfer agencies in Europe.
He acknowledged that the progress was state-led, but said: \"It is logical to put an institution in the private sector as a private sector organization.
Potential licensees and customers outside the UK do not trust \"government agencies\", which hinders international expansion, he said.
But critics of privatization say BTG has little difficulty in achieving international success: its revenue comes from overseas.
If there is a problem, why not just change the rules instead of privatising them?
He also complained that the questions had not been consulted with the inventors.
Harvey said last week that BTG will send 50 000 letters to interested parties-from licensees and deputy parties
The principal of the college and inventor.
Harvey acknowledged that it would take £ 1 million to redistribute all of btg\'s patents to new privatised companies in all countries where the patents were filed.
This will not be deducted from royalties, he said.
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