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Wednesday, December 28, 2016

Australia may introduce Object clause in patent act.

Productivity Committee recommendation on Australian Intellectual Property has a revolutionary provision.
RECOMMENDATION 7.1 The Australian Government should incorporate an objects clause into the Patents Act 1990 (Cth). The objects clause should describe the purpose of the legislation as enhancing the wellbeing of Australians by promoting technological innovation and the transfer and dissemination of technology. In so doing, the patent system should balance over time the interests of producers, owners and users of technology.
Interesting from Indian perspective are convergence of thoughts on inventive step, data protection, abolition of Innovation Patent System (petty patents/ utility patents).

Download the recommendation.

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