NEW intellectual property reforms will protect the ideas of Australian electronics designers and engineers.
These new protections are especially significant to the Australian electronics industry, which is IP-heavy and has found a niche in value adding through new ideas, designs and technologies.
The Federal Government claims the reforms will strengthen the IP system to protect local innovations.
The reforms proposed by the government include raising patent standards to align with major overseas trading partners, reducing the time to resolve patent and trade mark applications, strengthening anti-counterfeiting measures, and making sure the patent system doesn’t restrict research.
It is hoped the reforms will also balance the other way, allowing overseas partners to continue to bring new technology to Australia.
IP Australia is currently developing the reforms. The organisation is responsible for the administration of patents, trade marks, designs and plant breeders’ rights. These reforms form part of a suite of integrated projects to make the IP system work more efficiently for innovators, businesses and the community.