Patent Applicants- Who is applying?

All hail Australia’s small businesses! IP Australia estimates that more than 75 percent of the Australian residents who applied for patents in Australia in 2016 were private individuals or small- to medium-sized enterprises (SMEs).

The numbers demonstrate that a significant amount of innovation in Australia is happening at the start-up level, highlighting the need to further nurture this growing sector in Australia.


Wrays Industry Insights, Insights