Industry Analysis & Industry Trends
The Intellectual Property Leasing industry plays a vital role in the Australian economy. Operators lease their intellectual property (patents, trademarks and other intangible property) to businesses in exchange for royalties or licensing fees. Businesses then use the intellectual property to create a range of products and services. The industry's major market is manufacturing firms, such as chemical and pharmaceutical manufacturers, which lease patents and other intellectual property on new medicines and other chemical products to avoid the costs associated with research and development (R&D).
Over the five years through 2015-16, industry revenue is expected to grow by an annualised 1.7% to total $2.0 billion, with growth of 2.4% forecast for the current year... purchase to read more
Industry Report - Industry Locations Chapter
The distribution of industry enterprises largely correlates with the distribution of Australia's population and business activity. As a result, industry firms are heavily concentrated in New South Wales, Victoria and Queensland. These three states account for more than 75% of industry enterprises. Most major companies in the country are headquartered in Sydney, Melbourne or Brisbane, and these cities have a relatively high proportion of business activity that generate intellectual property, such as research and development companies and professional services firms. Western Australia has a large share of industry enterprises, due to the substantial mining activity in the state encouraging the development and licensing of intellectual property... purchase to read more