•Cost: Provisional $2K ŕ International Search $20K ŕ National Granted $30K ŕ Global $400K ŕ global cluster of patents
$multi-million
•IP
protection is a major business function
•Patents are a CSF for many Australian success stories: Cochlear, ResMed, Orbital Engine and
Metal Storm
•Utility
required but no $value is
necessary
•Watch: IP
assignment to company & no sharing
•5+ years provisional ŕ intntl search ŕ pending national ŕ granted national ŕ global cluster
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•