Types of patent laws
SLE761 Research Planning and Communication
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The purpose of this assessment is for students to apply their gained knowledge and to conduct further research on the topics of Intellectual Property and Research Commercialisation. It also provides students with the opportunity to apply their skills in poster development and preparation.
- a) Produce an informative poster on the Australian Patent System. Some detail on International patents is allowed but the focus should be on Australia.
- b) Produce an informative poster Australian Plant Breeder’s Rights. Like above, International licencing can be briefly described if deemed appropriate.
- c) Produce a poster explaining the IP considerations of a Company/Institute related to your research interests. For example, what IP issues are of relevance to CSL (Commonwealth Serum Laboratories) Limited? If choosing this option it is important to provide a brief introduction to the Company/Institute rather than delving straight into the IP issues.
Answer:
Intoduction
Types of patent laws
There is the standard patent law which has a term of 20 years.
There is also the innovation patent has a lower inventiveness threshold and lasts for a maximum of 8 years.
Review of the Patent System
Back in 2011, ACIP was asked to investigate the effectiveness of the innovation patent system in the innovation stimulation of Australian.
After reviewing issues papers an option papers and also conducing intensive consolations, it was possible to set options of reforms for the IPS (Innovation Patent System).
Analysis
Benefits of patents
Through APS new inventions are set up for earnings and generations of a lot of money as a patent enables:
It also enables trading partners to gain incentives to provide rights and thus protecting export of products oversees.
But why choose a patent.
It is considered a right option if:
You have managed to own the invention by keeping it a secret.
Only then can a patent be considered beneficial and the most appropriate form of protection.