First Rights to Intellectual Property (IP)
Friday 8 October 2010 @ 9.59 a.m. | IP & Media
The Attorney-General’s Department has mandated eligible Federal Government agencies provide software developers and independent software vendors with first rights to intellectual property (IP) for software developed under contract from 1 October.
Under the new principles, software developers will be required to grant the government as a whole a perpetual and irrevocable, royalty free licence to the software.
The new approach to intellectual property, which provides more incentive for developers to conduct long-term business with some government agencies.
Industry representative bodies remain glad of the latest change.
What are your opinions on the Attorney-General’s Department approach?
Read full article.