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ARTICLE · 28 SEPTEMBER 2017

Does the Australian innovation patent really have to die?

Rather than "fix" the innovation patent, the Government considers that more targeted assistance may better assist SMEs.

AustraliaIntellectual Property

Australia's second-tier innovation patent system is presently on death row. With all appeal avenues seemingly now exhausted, we ask the question – albeit somewhat academically, as to whether it indeed has to die – or whether it could be rehabilitated.

Introduction

Last month, the Government released its response to the Productivity Commission's inquiry into intellectual property arrangements in Australia. One of the headline features of the response was that the Government has agreed to phase out the innovation patent system. Whereas there appears to be a general acceptance throughout Australia's IP community that the innovation patent system may be somewhat imperfect, it does not necessarily follow that it was failing to meet its stated objectives – namely, to foster innovation amongst locals SMEs. This article considers whether the Government may have over-reached in recommending a complete culling – could it be medicated and nursed back to health, or is

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