Insight into Patents
Cost: Provisional $2K International Search
$20K National Granted $30K Global $400K
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 intntl search pending
national granted national global cluster