Will 2016 be the start of an intellectual property lawyer's
wildest fantasy? Will it be the year of ideas or even herald in a
boom more perpetual than any mining, mineral or other commodity
boom could ever be? Yes, we are talking an ideas boom! And so is
the Federal Government in its National Innovation and Science
Agenda many measures of which will be rolled out progressively from
mid-2016. So, what's in store for this potential year of the
ideas boom? In this post, we provide you with a summary of the
highlights should you be planning more innovative or
entrepreneurial resolutions for the New Year.
What's on the agenda?
The National Innovation and Science Agenda ('NISA' or
'the Agenda'), launched late last year (7 December 2015),
comprises a range of Commonwealth government initiatives worth $1.1
billion over four years. The aim of the Agenda is to stimulate
economic growth in key sectors of the Australian economy identified
with research and development