The Assistant Minister for Industry, Innovation and Science, Craig Laundy, celebrated World Intellectual Property Day by launching our very own flagship publication, the 2017 edition of the Australian Intellectual Property Report.
As with previous years the report sets out the latest data, initiatives and information about the Australian IP system.
The figures in this year’s report suggest more entrepreneurs and businesses are protecting their IP in Australia, with Australians filing 15 per cent more patents in 2016 compared with 2015. This increase came despite a 1 per cent drop in total patent applications filed in Australia last year.
Applications for plant breeder’s rights rose by 8 per cent, design applications were up 3 per cent, while trade mark applications remained steady after record growth the previous year.
In addition to interpreting the latest filing activity figures in the four rights groups, the report also contains two research chapters. This year they centre on the Productivity Commission’s Inquiry into Australia’s IP system and university-industry collaboration.
This year’s report highlights Australia’s university collaboration (measured by international patenting) as higher than the OECD average and reveals the significant collaboration between researchers and businesses in Australia.
Our in house economists drew upon 15 years of records to map Australian collaboration networks, finding substantial evidence of universities having successful collaboration with each other, industry and government entities.
Australia has been ranked at the bottom of the OECD for collaboration between business and the research sector, however the report highlights that Australia performs strongly when we look at patent applications jointly filed by universities and their collaborators.
The research found that collaboration between Australian businesses and universities actually accounted for a significant proportion of our international patent applications.
“These trends indicate growing levels of innovation and entrepreneurship by Australian businesses and researchers. They flag the early success of the Australian Government’s efforts to foster innovation, collaboration and entrepreneurship through the National Innovation and Science Agenda,” Mr Laundy said in announcing the report.