You're completely right.
I would introduce a note of caution, though, about universities and intellectual property. This is an area that I actually studied a lot 15 years ago, but in the American context. The problem when universities get into the patent game is that historically they were given an exemption to steal ideas from left and right, and businesses were not bothering them. But a few American universities began patenting knowledge to try to create money out of it, and this created some side issues that are beyond the scope of this committee.
I would argue that, yes, intellectual property has a role with business, but I think the main role of universities is to produce bright students who can then work for that business, or professors who can consult with that business and leave them their property rights. I don't think universities should get involved too much with that.