Potential Benefits To Local Inventors Through Commercialisation Australia Scheme

One of the principal criticisms of the patent system is that it is often prohibitively expensive for "the little guy". Statistics reflect the fact that the large corporate tends to make better use of the patent system than does the individual inventor, who may struggle to attract funding. This article outlines a new initiative of the Australian Federal Government which may go some way to redressing this imbalance.

We've all heard the saying that a patent is not a license to print money – rather, it's but one piece in a jigsaw, a drummer in a band of an overall, integrated business strategy. Fit all the pieces together, throw in a slice of luck, and you may then be on your way to making a commercial success of your invention.