“Senator Kim Carr, Minister for Innovation, Industry, Science and Research, today called for written submissions on proposed reforms to Australia’s intellectual property (IP) system.
A strong and efficient IP system is a cornerstone of successful innovation.
The proposed reforms are designed to help Australian innovators take their inventions to a global marketplace and encourage foreign investors to bring their new technology to Australia.
This means growth both for our economy and our skilled workforce.
The call for submissions provides a valuable opportunity for interested parties to contribute to the Government’s work in strengthening Australia’s innovation sector and boosting the nation’s economic prosperity.
The multifaceted reforms aim to reduce barriers in the innovation landscape for researchers and inventors, allow patent claims to be resolved faster and strengthen penalties for counterfeiting and other serious forms of trade mark infringement.
The Australian Government is committed to working with business and professionals to get the balance right so the IP system can better serve innovation in Australia.”
Submissions due by 8 May 2009.
According to the Exec Summaries of the two papers, the proposed reforms aim to improve the balance in the patent system by:
- raising the thresholds set for grant of a patent in Australia and better aligning Australia’s key
patentability standards with standards in countries which are our major trading partners; and
- improving the scope and stringency of examination to reduce inconsistencies and give
greater certainty in the validity of granted patents.
- introducing a statutory exemption covering certain experimental activities
Let the fun begin!