The Department of Jobs, Tourism, Science and Innovation is to review the State’s Intellectual Property (IP) Policy to explore the use, development and management of IP by State Government Agencies.
In a statement, the Department said the core functions of Government Agencies frequently resulted in the creation of IP, which was a valuable asset to the State.
“The new policy will help support the future growth of the State’s economy through promoting the development of priority sectors for diversification, attracting investment and job creation, building WA’s reputation for entrepreneurial activity, and encouraging innovation both inside and outside the public sector,” the Department said
“A discussion paper has been released to lead consultation with stakeholders across both Government and non-Government sectors, including research, science, health and innovation.”
The Department said key proposals for feedback included the facilitation of commercialisation of Government IP; clarifying IP ownership; providing an appropriate reward and benefit-sharing framework; as well as measures to increase access to IP expertise and assistance.
“The new IP Policy is part of a suite of reforms focused on economic diversification and job creation, which also includes the development of bio-discovery legislation, the review of the Western Australian Jobs Act (2017) and Diversify WA,” it said.
Minister for State Development, Jobs and Trade, Roger Cook said the Department’s review will want to hear from a broad range of stakeholders about their experiences and learnings in the use, development and management of IP.
“This stakeholder feedback will help inform the development of a best-practice policy for the public sector that delivers broader benefits across WA,” Mr Cook said.
More information about the review of the IP Policy and access to the discussion paper can be obtained at this PS News link.