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FICPI Australia Annual Conference “The Economic Climate and its Impact on IP in Australia”

FICPI Australia Annual Conference “The Economic Climate and its Impact on IP in Australia” Saturday 29 August 2009 Sebel Manly Beach Hotel, Sydney. Overview. Global Financial Crisis – The Impact on IP Australia GFC and patenting activity in specific technology areas

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FICPI Australia Annual Conference “The Economic Climate and its Impact on IP in Australia”

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  1. FICPI Australia Annual Conference “The Economic Climate and its Impact on IP in Australia” Saturday 29 August 2009 Sebel Manly Beach Hotel, Sydney

  2. Overview • Global Financial Crisis – The Impact on IP Australia • GFC and patenting activity in specific technology areas • Trends in relation to country of origin for new filings • Patent Application Rates • Trade Mark Application Rates • Abandonment statistics • How will IP Australia respond? • Our Priorities • The Future – Promoting Ongoing Innovation

  3. Global Financial Crisis - The Impact on IP Australia • IP Australia’s budget is 95% dependant on fees • Applications and renewals • GFC is leading to revenue decline • As expected, IP Australia has seen an overall downturn in applications since the GFC began • No compelling trends emerge from individual technology data • Changes in the volume and direction of individual technology data, although averaging downward, are generally erratic • This may owe more to the nature of ongoing projects than to the GFC

  4. Global Financial Crisis - The Impact on IP Australia • Trends in country-of-origin data do relate more clearly to the GFC • US especially hard-hit • yet most applications still come from the US and other top-ten countries of origin . . . • . . . while the remainder continue to be modest contributors • Expect the main countries of origin to remain the same, and the volume of applications to resume once the GFC begins to fade

  5. Global Financial Crisis - The Impact on IP Australia • Revenue from applications down • Trade marks – 09/10 is down 15% from 07/08 • Patents – 09/10 is down 10-15% from 07/08 • Revenue from renewals not declining to same extent • Renewal revenue will allow IP Australia to continue major projects • Overall decline is consistent with other IP offices

  6. Standard Patent Applications by Technology – Trends During GFC • Some individual sectors decreased substantially more than average • Greatest percentage decline in individual sectors, when comparing Oct 07 – July 08 to Oct 08 – July 09: • mechanical tools (down 33%) • macromolecular chemistry, polymers (down 32%) • Greatest absolute decline in individual sectors over these periods: • organic fine chemicals (down from 2318 to 1939) • biotechnology (down from 1173 to 906) • information technology (down from 1409 to 1145)

  7. Standard Patent Applications by Technology – Trends During GFC Standard Patent Applications by Technology – Trends During GFC

  8. Standard Patent Applications by Technology – Trends During GFC • Some individual sectors increased substantially more than average • Greatest percentage increase in individual sectors, when comparing Oct 07 – July 08 to Oct 08 – July 09 : • engines, pumps, turbines (up 20%) • general processes (up 6%) • Greatest absolute increase in individual sectors over these periods: • engines, pumps, turbines (up from 298 to 356) • general processes (up from 588 to 625) • telecommunications (up from 806 to 830)

  9. Standard Patent Applications by Technology – Trends During GFC

  10. Standard Patent Applications by Country of Origin –Trends During GFC • In comparison, the relatively few increases have been very modest • When comparing Oct 07 – July 08 to Oct 08 – July 09: • France, up from 602 to 609 • Netherlands, up from 501 to 508 • Russia, up from 8 to 19 • PRC, up from 159 to 178

  11. Standard Patent Applications by Country of Origin –Trends During GFC - Increases

  12. Standard Patent Applications by Country of Origin –Trends During GFC - Decreases

  13. Standard Patent Applications by Country of Origin –Trends During GFC

  14. Impact – Trade Mark Application Rates (by month)

  15. Impact – Trade Mark Application Rates (variation)

  16. Impact – Patent Application Rates (by month)

  17. Impact – Patent Application Rates (variation)

  18. Abandonment of patent applications

  19. Patent Application Lapses – Top 10 Countries

  20. Patent Application Lapses – United States

  21. Patent Application Lapses – Australia

  22. Patent Application Lapses – Germany

  23. Patent Application Lapses – Japan

  24. Patent Application Lapses – United Kingdom

  25. Renewals

  26. How will IP Australia respond? • Opportunity to reduce patent backlog • Invest in IT infrastructure • Including electronic communications and improved trade mark systems • New approach to quality • Move forward with conservative budget

  27. The Future – Promoting Ongoing Innovation • Vocational Education & Training Project • Raise IP awareness with Small to Medium Sized Enterprises (SMEs) • Ongoing support of existing products and services • IP Rights Reform – Details available via www.ipaustralia.gov.au

  28. Thank you Philip Noonan Director General IP Australia

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