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  • Estimating the Market Value of Indigenous Knowledge

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    Bodle451183Published.pdf (2.235Mb)
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    Version of Record (VoR)
    Author(s)
    Blackwell, Boyd
    Bodle, Kerry
    Hunt, Janet
    Hunter, Boyd
    Griffith University Author(s)
    Bodle, Kerry A.
    Year published
    2019
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    Abstract
    This report provides an approach to the valuation of the potential market value of Indigenous knowledge (IK) including traditional knowledge and cultural expressions6 for IP Australia (IP Australia, 2018e; Janke & Sentina, 2018). The report has a particular focus on the current and potential future market value created through legislated protection measures including patent law, trade mark law, design legislation and plant breeder’s rights. These are the protective mechanisms, which do not include copyright law, that sit within IP Australia’s jurisdiction.The market value of IK is connected to, though not the same as, the ...
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    This report provides an approach to the valuation of the potential market value of Indigenous knowledge (IK) including traditional knowledge and cultural expressions6 for IP Australia (IP Australia, 2018e; Janke & Sentina, 2018). The report has a particular focus on the current and potential future market value created through legislated protection measures including patent law, trade mark law, design legislation and plant breeder’s rights. These are the protective mechanisms, which do not include copyright law, that sit within IP Australia’s jurisdiction.The market value of IK is connected to, though not the same as, the market value of IP that protects that IK, just as the value of derivatives in the financial markets is connected to though not equal to the value of their respective underlying stocks. This insight is drawn from the observation that the value of technology is connected to, though separate in value from, the value of the IP that protects that technology
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    Publisher URI
    https://www.ipaustralia.gov.au/
    Copyright Statement
    © Commonwealth of Australia (IP Australia) 2020. All other rights are reserved. With the exception of coats of arms, logos, emblems, images, other third-party material or devices protected by a trademark, this content is made available under the terms of the Creative Commons Attribution 4.0 International (CC BY 4.0) licence. IP Australia has undertaken reasonable enquiries to identify material owned by third parties and secure permission for its reproduction. Permission may need to be obtained from third parties to re-use their material. Written enquiries may be sent to: MDB-Media@ipaustralia.gov.au
    Subject
    History of economic thought
    Applied economics
    Indigenous Knowledge
    Publication URI
    http://hdl.handle.net/10072/399796
    Collection
    • Reports

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    Tagline

    • Gold Coast
    • Logan
    • Brisbane - Queensland, Australia
    First Peoples of Australia
    • Aboriginal
    • Torres Strait Islander