New digital marketplace showcases public sector IP


A digital marketplace - Source IP – has been launched by IP Australia to showcase public sector intellectual property assist in closing Australia’s identified collaboration gap.

Source IP was launched by Assistant Minister Wyatt Roy and features a growing list of over 55 publicly-funded organisations and showcases over 6,000 patents – 429 of which are currently available for licensing. The site is helping to close the collaboration gap by:

  • Facilitating innovation and commercialisation by providing a means for IP Rights holders to signal their licensing intent;
  • Increasing understanding of potential collaboration opportunities by providing this information free of charge; and,
  • Providing confidence to users that the information is an accurate representation of the IP Right holder’s intentions to license (or not).

Australian businesses have reported difficulties in accessing and understanding information relating to IP generated by the public research sector. This is thought to be a contributing factor in our recently identified low rates of collaborative innovation between industry and researchers.

IP Australia has developed Source IP to serve as a free single portal for information sharing, licencing preferences and facilitating contact for intellectual property generated by the public research sector in Australia.

Australia’s 40 university commercialisation/technology transfer offices host content on Source IP along with the Commonwealth organisations ANSTO, CSIRO, DST Group and NICTA (DATA61). Australia’s Medical Research Institutes will be contributing content as part of a second wave information.

Source IP can be found at the IP Australia website.