What is IP
Intellectual Property (IP) is a term that describes the application of the mind to develop something new or original. IP can exist in various forms; a new invention, brand, design or artistic creation. There are various types of IP available.
IP is an important asset in today's knowledge economy and should be strategically managed.
Protecting and managing your IP assets is critical when establishing your product or service in the market and is often the difference between an organisation's success or failure.
Some IP rights require a formal process of application, examination and registration while others come into play without the need for a registration process.
We at IP Australia administer patents, trade marks, designs and plant breeder's rights in Australia.
Automatic rights for copyright and circuit layout rights are looked after by the Attorney-General's department.
Our glossary may help in explaining some of the terms used.
Last Updated: 12/12/2012
