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second-tier patents

Should Canada Adopt an “Innovation Patent System” to Promote Small to Medium Enterprises?

Should Canada Adopt an “Innovation Patent System” to Promote Small to Medium Enterprises?

The “innovation patent system”, a second-tier patent system unique to Australia, was introduced in 2001 by the Australian Parliament to promote the growth of small-to-medium enterprises (SMEs) by providing a relatively quick and cost-effective process to obtain patent protection for lower-level or incremental inventions. The World Intellectual Property Office refers to Australian-type “second-tier patents” as […]