Research Australia has welcomed the Australian Government’s proposal for a standardised Intellectual Property Framework to streamline the commercialisation of university research, but has opposed the Framework being made mandatory.
In a joint submission with Medicines Australia, MTAA and AusBiotech, Research Australia has proposed a pilot of the IP Framework to collect information about how and where it is useful, which could be used to evaluate and refine the contracts and processes. We have also called for the Department to extend the consultation process and organise a series of sector-specific workshops to allow all stakeholders to explore the potential issues of a standard IP Framework in detail.
Read the submission here.