As announced in the 2020-21 Budget, the Government is providing $5.8 million to scope a University Research Commercialisation Scheme (a Scheme) to better translate and commercialise university research outputs. This is in addition to the $1.2 billion provided to the university research sector to maintain capability and excellence of Australian research.
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The scoping study will develop options for the establishment of a Scheme, drawing on advice from universities, industry and other experts and will be presented to Government for consideration.
On 11 November 2020, the Minister for Education convened an expert panel made up of business and university leaders, to advise him on the scoping study. The panel is chaired by Mr Jeff Connolly, Chairman and CEO of Siemens Australia and New Zealand.
A consultation paper was released on Friday 26 February 2021 outlining the issues, missions, rationale, and design elements of a university research commercialisation scheme, and invited submissions from interested parties and members of the public.
Submissions closed on Friday 9 April 2021.
Consultation paper for an IP Framework released for submission
A number of submissions to the scoping study consultation highlighted the need for further consideration regarding intellectual property (IP) particularly around negotiation on IP terms and agreements.
On 7 July 2021, the Minister for Education and Youth and Youth convened a working group of experts from across university and industry to develop a Higher Education Research Commercialisation IP Framework. This will provide a trusted foundation for collaboration and remove barriers to negotiation and commercialisation.
Interested parties and members of the public are now invited to contribute their perspectives on the development of an IP Framework. The rationale, scope, and design elements of an IP Framework are outlined in the consultation paper with some optional discussion questions that may be used as a prompt to guide your submission.
Please email your submission (of up to 1,500 words) to the department at firstname.lastname@example.org
Please advise in your email whether you consent to your submission to be made publicly available. Submissions which do not state that they can be made publicly available will not be published to the department’s website.
Submissions on the Higher Education Research Commercialisation IP Framework consultation paper will close at 10.00 am AEST 18 October 2021.