Industry minister Christian Porter has released a review of the patent system for small and medium-sized businesses, conducted by Emeritus Professor Raoul Mortley.
The Patents Accessibility Review, announced in May 2020 and completed in February this year, made 12 recommendations. It was, wrote Mortley, written in the light of the federal government’s plan to create new activity in IP intensive areas “namely the Modern Manufacturing Initiative.”
Three main themes were identified:
Porter said SMEs represented 99 per cent of all Australian businesses, with a history of small business innovation showing safeguarding their IP through patenting was essential.
The report can be read here.
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