Inquiry into promoting economic dynamism, competition and business formation
The Intellectual Property Committee of the Business Law Section of the Law Council of Australia (IPC) provided a submission to the House of Representatives Standing Committee on Economics’ Inquiry into promoting economic dynamism, competition and business formation.
In addition, the IPC is concerned with intellectual property law and policy in Australia. Its members have significant cumulative experience in conducting negotiations, transactions and disputes relating to intellectual property, including in the context of the most commercially important innovations made or used in Australia.
The submission is to highlight the important role of intellectual property rights in contributing to Australia’s economic dynamism; and to suggest topics for consideration for potential policy reform and/or new initiatives to support commercialisation of IP to contribute to advancing Australia’s economic dynamism.