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Tools of the Trade: A Trading Nation’s View on the Value of IP Rights for Start-Ups

In: Intellectual Property Management for Start-ups

Author

Listed:
  • Michael Falk

    (IP Australia)

  • Ben Mitra-Kahn

    (Australian Bureau of Statistics)

  • Charlotte Trinh

    (Australian Embassy Beijing)

  • Haiyang Zhang

    (Department of Science, Energy and Resources)

Abstract

For start-ups, effective use of intellectual property (IP) rights can help to attract resources, drive business value and growth, and take advantage of changes in market conditions. However, effective use of IP rights depends on start-ups seeking the right information and support, auditing their intellectual assets, understanding how the nature of their industry should inform their IP strategy, and drawing on the support of local partners in target markets. These benefits and approaches to IP are illustrated drawing on evidence from Australia about IP’s role in entrepreneurship and business growth.

Suggested Citation

  • Michael Falk & Ben Mitra-Kahn & Charlotte Trinh & Haiyang Zhang, 2023. "Tools of the Trade: A Trading Nation’s View on the Value of IP Rights for Start-Ups," Management for Professionals, in: Martin A. Bader & Sevim Süzeroğlu-Melchiors (ed.), Intellectual Property Management for Start-ups, pages 341-354, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-031-16993-9_18
    DOI: 10.1007/978-3-031-16993-9_18
    as

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