none

Stronger patents to protect exporters

31-08-2010
by 
in 

 

Mark Dreyfus … protection for exporters

 
Innovative Australian exporters will have a better chance of protecting their technology overseas following the recent approval of stronger patent standards. 
 
Parliamentary Secretary for Industry and Innovation, Mark Dreyfus, said the Intellectual Property Laws Amendment (Raising the Bar) Act 2012 passed by parliament earlier this year introduces wide reforms designed to help Australian business and researchers.
 
“When an Australian business decides to take on the world and export, we want to ensure they are in the best position to be successful,” Mr Dreyfus said.
 
“These new laws will give Australian exporters confidence that they can get protection for their inventions overseas.
 
“Patent protection is a critically important step when you’re exporting a new product or innovative piece of technology.
 
“A patent can help attract investors or create a new licensing revenue stream, as well as preserving valuable market share from imitators and others looking to trade off your hard work.
 
“By raising patent standards in Australia, we’re ensuring they match those of our major trading partners like the US, Europe and Japan.
 
“This means that our Aussie exporters will have a much better chance of obtaining the protection they need in overseas markets so their great ideas don’t get ripped off.”
 
Mr Dreyfus said patents are a cornerstone of a successful and vibrant innovation environment, and why our system must match the best in the world.
 

Related news & editorials

  1. 20.09.2018
    20.09.2018
    by      In
    Control Logic has set its sights on expansion, with a new leadership team incorporating key roles in products and marketing, sales and development, and operations and services. The move aims to increase the company’s skill set and focus to drive innovation and expand the company’s expertise and... Read More
  2. 19.09.2018
    19.09.2018
    by      In
    The Australian Made Campaign is providing some valuable support for the nation’s furniture manufacturers with its latest initiative, which urges local buyers to ‘take comfort in their purchase’ and choose genuine Aussie furniture, bedding and furnishings this spring.
    According to Australian Made... Read More
  3. 12.09.2018
    12.09.2018
    by      In
    Siemens has unveiled its new manufacturing facility in Yatala (Queensland), which has been set up to support the growing global demand for the locally developed Fusesaver medium-voltage circuit breaker.
    The new factory is part of an ongoing $25 million investment in manufacturing and research of... Read More
  4. 11.09.2018
    11.09.2018
    by      In
    APS Industrial has relocated its Melbourne base into an all-new 4500m2 head office and national distribution centre in Rowville. The new facility includes an interactive product showcase room and state of the art conference facility.
    According to APS Industrial MD David Hegarty, “Since our launch... Read More