National Principles of Intellectual Property Management for Publicly Funded Research
The National Principles of Intellectual Property (IP) Management for Publicly Funded Research (the National Principles) were developed by a working party of the Australian Government’s Coordinating Committee on Innovation.
The National Principles were developed to assist researchers, research managers and research institutions develop best practice in identifying protecting and managing IP, thus ensuring appropriate commercial outcomes from publicly funded research.
The intention of the National Principles is simply to improve the commercial outcomes from publicly funded research where a commercial outcome is appropriate. The National Health and Medical Research Council (NHMRC) publicly announced the adoption of these National Principles in April 2013.
The ARC does not hold a stake in direct ownership of IP nor benefit directly from commercial outcomes of ARC-funded research.