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Co-operative intellectual property management and technology transfer for the Australian biotechnology industry. The Australian biotechnology industry rests on a framework of internationally competitive research and should be well placed to capture a significant share of expanding global markets. However, existing intellectual property (IP) management strategies do not make the most of this potential because they raise barriers to much-needed co-operation among industry players. By developing an ....Co-operative intellectual property management and technology transfer for the Australian biotechnology industry. The Australian biotechnology industry rests on a framework of internationally competitive research and should be well placed to capture a significant share of expanding global markets. However, existing intellectual property (IP) management strategies do not make the most of this potential because they raise barriers to much-needed co-operation among industry players. By developing and refining new co-operative IP management models in an Australian context, this project offers direct economic benefits (more efficient industry structures), improved social and economic benefits (better and cheaper biotechnology products and services), and an opportunity for Australia to take the lead in developing innovative approaches to IP management.Read moreRead less
The innovation pool in Australian biotechnology: assessing strategies for fostering innovation through patenting and patent pooling. The current patent system was designed for a very different research environment than that in which the global biotechnology industry operates. Rather than facilitating innovation there is evidence that the system can unduly restrict R&D. Patent pooling is being promoted internationally as a way to facilitate innovation. However, potential pitfalls are also recogni ....The innovation pool in Australian biotechnology: assessing strategies for fostering innovation through patenting and patent pooling. The current patent system was designed for a very different research environment than that in which the global biotechnology industry operates. Rather than facilitating innovation there is evidence that the system can unduly restrict R&D. Patent pooling is being promoted internationally as a way to facilitate innovation. However, potential pitfalls are also recognised, and work is underway to develop appropriate regulation. Australia cannot afford to be left behind: urgent consideration must be given to the desirability of patent pooling and the regulatory changes that are required to allow it to function in the national interest. The proposed research will provide the data necessary to make informed decisions on this critical issue. Read moreRead less
Creating and capturing value in biotechnology: Can organisations sustain themselves through open source-style licensing and collaboration? Innovation is sometimes thought of exclusively in scientific and technological terms. But it is actually much broader, occurring in the way that commercial and non-commercial organisations seek to create and capture value - their business models. Like technological innovation, business model innovation is crucial to economic growth, but it is also fraught wi ....Creating and capturing value in biotechnology: Can organisations sustain themselves through open source-style licensing and collaboration? Innovation is sometimes thought of exclusively in scientific and technological terms. But it is actually much broader, occurring in the way that commercial and non-commercial organisations seek to create and capture value - their business models. Like technological innovation, business model innovation is crucial to economic growth, but it is also fraught with uncertainty, complexity and risk. This project will engage with biotechnology organisations that are actively seeking to develop new business models in order to understand the innovative process and identify ways in which other actors can support their efforts through policy, funding and other interventions. Read moreRead less