Context and consultation on the Framework
IP-related barriers to effective commercialisation were a key issue raised by university, industry, and other stakeholders in response to a 2021 University Research Commercialisation public consultation paper. In particular, a lack of money, time, expertise, and understanding of the needs and objectives of potential commercial partners were identified as key barriers to IP negotiation and broader commercialisation activity between universities and industry.
In an effort to help bridge these issues, the development of a framework of standardised IP agreements was commissioned to simplify IP negotiations and stimulate collaboration and commercialisation between industry and universities.