Unlocking Intellectual Property
Last May, Vancouver Foundation, Canada’s largest community foundation, announced it would develop and adopt an open licensing policy. This is a big deal for an organization that spends over $50 million yearly on its grantees and programs. The right policy could amplify the impact of the Foundation’s spending, and create knock-on benefits shared by other groups working for good causes. On the flip side, a flawed one could dilute the incentives (real or perceived) for grantees expected to share success, credit and perhaps even intellectual property with unknown others.