Intellectual Property Policy
MP 0156/21 - Intellectual Property Policy (pdf 126KB)
Applicable to: This policy is applicable to WA health entities.
Description: Intellectual Property (IP) refers to creations of the human intellect, the rights to which are protectable by law, and that can have financial value.
IP is recognised as an intangible asset which can potentially be exploited for economic benefit. As such it aligns with the WA Health Financial Management Manual definition of an Asset as being a resource controlled by a WA health entity, from which future economic benefits are expected to flow to the health entity. Future economic benefits can be in the form of cash, cash equivalents or the potential to provide goods and services to achieve the health entities’ objectives.
The Intellectual Property Policy (the policy) sets the minimum requirements for the management of IP by the WA health system.
This policy supports the requirements of the following:
This policy is a mandatory requirement for Health Service Providers under the Research Policy Framework pursuant to section 26(2)(l) of the Health Services Act 2016.
This policy is also a mandatory requirement for the Department of Health pursuant to section 29 of the Public Sector Management Act 1994.
Date of effect: 15 April 2021
Policy Framework
Research
WA Government IP Policy 2023
WA Health Financial Management Manual: Chapter 7 Asset Management
WA Government IP Policy: Agency Toolkit