Reflecting on the recent World Intellectual Property Day, Innovation Minister Senator Kim Carr said that an increase in patent applications is further evidence that industry is adapting to, and finding new ways to combat, the challenges of climate change.
“Innovators clearly recognise the importance of being green if they are to succeed in today’s marketplace,” said Mr Carr.
World IP Day 2009, subtitled Green Innovation, emphasised the importance of a balanced intellectual property (IP) system to stimulate the creation, diffusion and application of clean technologies.
“The IP system allows Australia to benefit from investment in green technologies by protecting that investment, and licensing the technology to other countries,” Mr Carr said.
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