The commercialisation of intellectual property (IP) generally
involves the exploitation or provision—through sale,
assignment, licensing or other dealing—of the IP for
financial or other gain and is an integral part of academic and
research environments at Australian universities. This article
looks at some of the key considerations that may be relevant to IP
commercialisation activities in the context of these
environments.
Know the IP
Basic and applied research generates new ideas and other
innovative IP. While a patent is a form of IP that may result from
such research, there are other IP forms that may be created. For
example, the output of research in information and communications
technology may give rise to one or more copyrighted works and one
or more patents. In this instance, the commercialisation structure
will need to account for all types of IP that will be created.
