Industry Analysis & Industry Trends
The Intellectual Property Leasing industry plays a vital but unheralded role in the Australian economy. Operators in the industry lease their intellectual property – patents, trademarks, franchising systems and other intangible property – to businesses in exchange for royalties or licensing fees. Businesses then use this intellectual property to create a wide range of tangible products and services, including pharmaceuticals, consumer goods, apparel, childcare services and tax advice.
The industry has recorded relatively weak growth over the last five years as the uncertain economic environment led consumers to cut back on discretionary spending, reducing demand for many of the products and services created with intellectual property... purchase to read more
Industry Report - Industry Products Chapter
Intellectual property is a general term covering creations of the mind. Intellectual property law protects the property and economic rights of creators and inventors of intellectual property. These laws cover a wide range of intangible property, including franchise agreements, trademarks and designs, patents, plant breeder's rights, mining exploration leases, circuit layouts and radio spectrum rights. Copyright for recorded work is not included in this industry.
Owners of these rights can license the right to use their intellectual property to someone else in exchange for royalties or fees.
Franchise agreement leasing is the largest segment in the industry... purchase to read more