The availability of IP for potential commercialisation is monitored and evaluated by AIT on an ongoing basis.
The commercial potential of AIT IP is assessed by our IP Committee under a number of criteria including, technical and commercial feasibility, potential licensing of technology, barriers to market entry, estimated projected sales and estimated cost of patenting.
AIT has established formal procedures to handle the IP process. The different stages involve identifying new commercial opportunities, disclosing technologies, commercially evaluating ideas, protecting ideas by patent filing, and commercialising technologies.
AIT’s Intellectual Property Policy and its Campus Company Policy provide support and guidance regarding identification, ownership and commercial exploitation of the Institute’s Intellectual Property. The policies have been developed in line with the National IP Protocol.