Willie O'Dea (Limerick City, Fianna Fail)
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Question 163: To ask the Minister for Jobs, Enterprise and Innovation the progress made on the development of an international content services centre to make Ireland a world leader in managing intellectual property; and if he will make a statement on the matter. [40498/11]

Richard Bruton (Dublin North Central, Fine Gael)
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The Programme for Government contains a commitment to "support the development of an International Content Services Centre to make Ireland a world leader in managing intellectual property." There is a caveat to this commitment in that this proposal is subject to cost benefit analysis. In order to deliver on this commitment my Department issued a Request for Tenders for 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 are:

· 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 deadline for receipt of tenders has expired and tenders received are currently being assessed. Although well advanced, the deliberative process for selecting the successful tenderer is still ongoing. I hope to make an announcement on this matter very soon.