In recent weeks, we’ve been following progress on New Zealand’s proposed second-tier “Advancement” patent with interest. As we moved from first, to second and then third updates, optimism that New Zealand’s patent system would be tweaked in favour of “the little guy” quickly waned; it became apparent that support for the Bill (Patents (Advancement Patents)
A week is a long time in patent law – Australia and New Zealand both move on second-tier patent systems
As reverse manifestations go, this one was pretty good. Within a week of our previous article, which effectively said progress toward New Zealand’s proposed second-tier Advancement patent had stalled, it then resumes in the very next Parliamentary session! Meanwhile, across the Tasman, draft legislation that purports to cull the Innovation patent system has re-emerged.
The government’s proposed changes to the R&D Tax Incentive will have a significant impact on how our country capitalises on its innovation strategy and competitive position, compared to peers in the global innovation ecosystem. The core services and expertise of the Xenith IP group revolve around R&D, IP and innovation. We are acutely aware that
It is very common for patent examiners to cite patent documents as prior art to support novelty and inventive step objections. However, the information in patent literature is different to the kind of information published in peer-reviewed journal articles. In the latter case, the technical information is written for other scientists/engineers and is presented in
In a recent article, we outlined the role of IP in the innovation process. In particular, we noted that the innovation process can be conveniently described as having 4 main stages, namely: conception of innovative ideas, the research and development (R&D) stage, commercialisation of products or services, and the marketing of those products or
Glasshouse Advisory reports on proposed changes to R&D Tax program to benefit foreign multinationals over Australian based multinationals. When Treasurer Scott Morrison announced his intention to overhaul the current R&D Tax Incentive program in the recent Federal Budget, he cited a need to restore integrity to the current program and to reward those companies