Report details Australian intellectual property trends
Parliamentary Secretary for Industry and Science Karen Andrews today released the Australian Intellectual Property Report 2015, a detailed breakdown of the latest intellectual property (IP) trends in Australia.
“Intellectual property is a powerful tool for Australia’s economic development and national prosperity, it is a key part of each business’s suite of assets,” Mrs Andrews said at the Institute of Patent and Trade Mark Attorneys of Australia annual conference in Adelaide.
“A well-functioning and effective IP system is important to support the major structural adjustment in Australia’s economy as we transition to a knowledge economy that is innovation intensive, high value add and export oriented.
“As global markets continue to expand, the role of IP rights is becoming increasingly important because IP underpins our innovation, trade and investment efforts.”
Mrs Andrews said the latest Australian Intellectual Property Report showed marked variations across the four registered IP streams, with demand for trade marks and plant breeder’s rights growing and demand for patents and designs easing.
“These trends reflect a range of factors, both domestic and international, which are explored throughout the report,” Mrs Andrews said.
The Australian IP Report is an annual publication that promotes awareness of IP rights and developments and is released by IP Australia, the Australian Government agency that administers IP rights and legislation relating to patent trade marks, designs and plant breeder’s rights.
Mrs Andrews also announced the second release of the IP Government Open Data, which is now available.
“The data includes information about IP rights applications going back to the early 1900s. It is matched to individual firms, along with information about their size, their technology and their geographic location,” Mrs Andrews said.
The Australian IP Report 2015 is available from http://www.ipaustralia.gov.au/.
Media Contact: Mrs Andrew's office 02 6277 4360