This is a guest contribution from Mike Lloyd of Patent-Insights. Mike has previously contributed articles on the impact, from an Australian perspective, of COVID-19 on international patent, trade mark, and registered designs filings, and on what patent data can tell us about the Australian government’s plan for local manufacturing? Further details about the author can be found at the end of the article.
There is an increasing realisation that a successful economy is also a smart economy, and a smart economy is strengthened by having companies and organisations innovating and commercialising their inventions.
Luckily Australia is full of companies and organisations doing exactly this. But who are these companies, and in what areas are they innovating in?
To answer this question with the most recent yet reliable data, I have looked at patent global publication data for Australian companies filed in the 12 months prior to 31 March 2021. I have chosen this period as it is the latest quarter for which reliable data is available. By coincidence this is also the 12 month period after COVID-19 made its impact known, but maybe it is too soon to fully understand the effect of COVID in this area.