Australia considers overhaul

The government of Australia is considering overhauling patent laws, after a major report found that the ease with which patents were granted in Australia was hampering innovation. The report, Venturous Australia—Building Strength in Innovation, by a government review panel concluded

…in new areas of patenting such as software and business methods, there is strong evidence that existing intellectual property arrangements are hampering innovation. …The inventive steps required to qualify for patents should be considerable, and the resulting patents must be well-defined, so as to minimise litigation and maximise the scope for subsequent innovation.

We are pleased to note that the evidence mustered to support this conclusion (p. 84) includes this blog’s discussion of “Patents, Thickets and the Financing of Early-Stage Firms: Evidence from the Software Industry” by Iain Cockburn and Megan MacGarvie and also Patent Failure: How Judges, Bureaucrats, and Lawyers Put Innovators at Risk

7 Comments

  1. Nicholas Gruen said,

    September 25, 2008 @ 12:45 am

    You guys might be pleased to know that the Panel was interested to see the remarkable charts you’ve produced on the private benefits and (legal) costs of patents in chemical and pharmaceuticals versus other areas.

  2. Australia Considers Overhauling Patent Laws After Realizing Current System Is Harming Innovation - BuzzYA! said,

    September 26, 2008 @ 3:14 pm

    […] System Is Harming Innovation Sep 26, 2008 Author: Michael Masnick | Filed under: Techdirt TIIP points us to the news that the Australian government is considering an overhaul of that country’s […]

  3. Australia Considers Overhauling Patent Laws After Realizing Current System Is Harming Innovation | Technology Update News said,

    September 26, 2008 @ 3:17 pm

    […] Considers Overhauling Patent Laws After Realizing Current System Is Harming Innovation TIIP points us to the news that the Australian government is considering an overhaul of that country’s […]

  4. TPile » Blog Archive » Australia Considers Overhauling Patent Laws After Realizing Current System Is Harming Innovation said,

    September 26, 2008 @ 7:49 pm

    […] TIIP points us to the news that the Australian government is considering an overhaul of that country’s patent system after being presented with research showing how much the system was actually holding back innovation in that country. Specifically, the report showed that the ease of getting a patent in Australia was leading to way too many bad patents being granted, which were then being used to stifle innovation and investment. It’s always good to see at least some folks in governments around the world are finding out that “more patents” does not equal “more innovation.” […]

  5. Australia Considers Overhauling Patent Laws After Realizing Current System Is Harming Innovation | CHARGED's 24/7 News Aggregator said,

    September 28, 2008 @ 11:44 am

    […] TIIP points us to the news that the Australian government is considering an overhaul of that country’s patent system after being presented with research showing how much the system was actually holding back innovation in that country. Specifically, the report showed that the ease of getting a patent in Australia was leading to way too many bad patents being granted, which were then being used to stifle innovation and investment. It’s always good to see at least some folks in governments around the world are finding out that “more patents” does not equal “more innovation.” […]

  6. FFII WIPO workgroup: Links said,

    November 28, 2008 @ 5:46 pm

    […] The government of Australia is considering overhauling patent laws http://www.researchoninnovation.org/WordPress/?p=106 […]

  7. FFII WIPO workgroup: Patents And Geopolitics said,

    November 30, 2008 @ 2:43 pm

    […] The government of Australia is considering overhauling patent laws http://www.researchoninnovation.org/WordPress/?p=106 […]

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