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 Key Buyers Chapter
The industry exhibits a low level of market share concentration. The numerous companies developing and leasing intellectual property cause the industry's fragmented nature. The industry also contains many owner-operators, such as inventors and scientists, in addition to small businesses that have limited ability commercialise the intellectual property they have developed. As a result, no single operator in the industry has a substantial market share... purchase to read more