An investor's guide to the sector and its regulations.
Significant resources are devoted to the promotion and support of research and development activities in Australia, including funding for major research programs, infrastructure and facilities. In addition to our work on commercialisation of intellectual property, our team has built up considerable experience in advising on the important stages of research and development where complex intellectual property issues can arise, especially where that research is collaborative or draws upon background intellectual property of others.
Our clients include both the providers and the recipients of research funding or facilities and organisations from the public and private sectors. Our legal work often revolves around funding and project agreements, the Commonwealth Co-operative Research Centres program (including advising on more than 50 CRCs for either participants or the Centre and on ARC industry partner agreements) or on establishing, and providing ongoing advice to, other joint research programs, networks, facilities and infrastructure.
This can include advice on the intellectual property, staffing and contractual arrangements and also structuring of the vehicle, tax and corporate advice, and procurement, property and construction advice where new facilities or equipment are acquired. In addition it is important that all legislative and other regulatory requirements for the conduct of research are identified, understood and complied with. The winding up of a collaborative research program or centre also needs to be carefully managed to ensure all parties can move forward with a clear intellectual property division.