National Principles of Intellectual Property Management for Publicly Funded Research
To develop a consistent national framework for the management and the exploitation of intellectual property (IP) generated by publicly funded research, the Australia Research Council (ARC) worked with the Australian Vice-Chancellors' Committee (AVCC), IP Australia, the National Health and Medical Research Council (NHMRC), the Australian Tertiary Institutions Commercial Companies Association (ATICCA), and the then Department of Education, Training and Youth Affairs (DETYA) and the then Department of Industry, Science and Resources (DISR).
The National Principles of IP Management for Publicly Funded Research assists researchers, research managers and their research institutions to ensure that they have access to best practices for the identification, protection and management of IP, so that they are able to maximise the national benefits and returns from public investment in research.
The public research funding agencies, including the ARC, support the best research in the national interest and will continue to pursue the vision of advancing the nation's capacity for quality research for the economic, social and cultural benefit of the community.
The ARC does not hold a stake in direct ownership of IP nor benefit directly from commercial outcomes of ARC-funded research.