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 past 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 - Starting a New Business Chapter
Barriers to entry in the industry are relatively low. Capital requirements are low relatively and regulation is medium. Marketing and leasing intellectual property does not require specialist skills or expertise. The industry exhibits a moderate level of technological change.
Because this industry deals specifically with leasing of patents and not the actual creation/innovation, capital costs are relatively low. Most of research and development (R&D) occurs in the upstream level. For example, a company that operates in the Pharmaceutical Manufacturing industry may have an R&D department where new drugs and patented. However, the actual leasing aspect of the patent does not account for R&D and simply deals with generating revenue from the patent... purchase to read more