IP Australia, the Australian
Government agency that administers IP rights and legislation, has entered into a
partnership with Clarivate Analytics
(Clarivate) to augment its Source IP database with enhanced patent
data from Clarivate.
Source IP is an IP Australia initiative launched
in 2015 with the aim of facilitating collaboration between Australian businesses and public
sector research partners and increasing
investment in public sector IP.
Usually
businesses find it hard to access information about available public sector IP.
Seeking to overcome this barrier, Source IP serves as a single platform for
public sector patent holders to signal their licensing intent and promote their
key areas of technology within a single platform. Source IP currently features
research expertise from over 67 research organizations including Commonwealth
research organizations, universities, Medical Research Institutes and Cooperative
Research Centers.
Through
this collaboration, a number of Source IP patents have been enhanced
with additional patent data through over 2,000 Derwent abstracts
from Clarivate.
The Derwent
World Patents Index (DWPI) is a database containing clearly stated uses and
advantages of patents from more than 50 authorities covering
over 30 languages. With the
addition of DWPI, Source IP users will be able to gain a quick and accurate
understanding of how the research organisations’ inventions may be applied in
their industry, as many original patent documents tend to use highly technical
terminology to describe the invention.
It will be easier
for industries to search and comprehend available patents, find out what
patents can be licensed from Australian universities to strengthen their own
R&D efforts, and identify potential research partners.
Patricia
Kelly, IP Australia’s Director General, commented on the contribution from
Clarivate, “We’re extremely privileged to have Clarivate Analytics provide us
with the Derwent abstracts. These abstracts help strengthen Source IP, which is
a powerful tool helping connect IP rights holders with Australian businesses.
The Derwent abstracts have increased the chance of investment in public sector
IP, potentially helping many different publicly funded research parties.”
“We have
always strongly supported the Australian government’s National Innovation and Science Agenda.
This includes supporting the Source IP initiative with our enhanced DWPI
patent data as part of our continuous efforts at Clarivate Analytics to promote
greater academia-industry collaboration within the innovation communities
around the world,” said Jeroen Prinsen, Vice President and Head of Australasia
and Southeast Asia at Clarivate Analytics.
