‘You go out into that ring and you give it absolutely everything you’ve got! After all, second place is the first loser!’ Dale Earnhardt, Race Car Driver The life of an entrepreneur is both exciting and mildly terrifying at the same time. When developing their latest innovation as stealthily as possible, entrepreneurs are sure in their conviction that it is …
Tackling the commercialisation conundrum
Australia has a strong history of world-leading R&D and commitment to innovation. Refrigeration, heart pacemaker, black box flight recorder, ultrasound, cochlear implants, spray on skin, WIFI, and the bionic eye all came out of Australia. And let’s not forget Vegemite, the Hills Hoist, the wine cask the box kite and Australian Rules Football too! We are fortunate to be home …
Research – The Positive effects on Commercialisation
The 2018 IP Australia report (Chapter 6) reviews two separate studies that show “public funding of research has a positive and statistically significant impact on patent production, with the impact being stronger for collaborative grants.” This is an important finding because – as the IP Australia report notes — patenting activity is an indicator of the commercialisation potential of research …