Monash University is committed to translating research into real-world solutions that make a difference. The commercialisation process is a way of developing innovative ideas and innovations and applying them to real-world problems.

Commercialisation involves a range of legal and commercial processes and concepts, such as intellectual property, patents and licensing.

The diagram below shows the standard process in the commercialisation of inventions and intellectual property developed in a university environment. Use it as a guide only as each invention has different requirements and we work with you to maximise the chance of commercial success.

Please contact our team for further information on this process.

IEC Process Chart
PatentingPublicationMarketingRevenuesInitial PatentingDo Not PublishCare on PublicationMarketing 1PCT FilingPCT PublicationFree To PublishMarketing 2NegotiationsPotential RevenuesNational FilingPatents Granted


Patenting is the most common route that we use to protect                intellectual property (IP) developed by Monash researchers.                This will usually involve filing an initial provisional patent                application in Australia and then worldwide coverage can be                obtained by filing through the Patent Cooperation Treaty (PCT)                route.

Initial Patent

The initial provisional patent filing will usually be through                the Australian patent office although each case will be                examined individually in order to obtain the most appropriate                patent coverage. The patent will be filed by a firm of external                patent agents with expertise in the technology area, under the                supervision of our in-house patent manager. This in-house                expertise allows us to minimise external costs, obtain broad                coverage and simplifies the process for the inventors. The                typical cost will be in the range $5-10,000

PCT Filing

12 months after the initial filing in Australia, then a further                filing designating most world-wide countries will be filed                under the Patent Cooperation Treaty (PCT). At this stage it is                also possible to add new data to the application, provided that                this has not already been publicly disclosed. The cost range                will be $10-20,000.

PCT Publication

The PCT application is published after a further 6 months after                the PCT filing, a total of 18 months after the initial filing.                This is the first point at which the application becomes                public, and is available for searching through various publicly                available patent databases.

National Filing

After 30 months the national filing strategy is decided, based                on the potential value of the technology and the success of the                marketing strategy. Countries are chosen to maximise coverage                in potential markets while minimising costs, which can be                considerable at this stage (in the $20-100,000 range). The                patent application will then be translated (for certain                countries) and sent for examination in individual country                patent offices. Due to the costs involved at this stage we                will always try to licence an invention before this stage with                the expectation that the licensee takes on these costs. Where                this is not possible we would consider paying the costs for                patents considered to be of significant strategic importance.

Patents Granted

Once sent to the national patent offices the application is                examined as to its patentability and questions raised by the                patent office will be answered. After consideration the patent                office will grant a patent based on those claims in the                application that are valid. This process can take some                considerable time, and can be 5-7 years after the original                application. The cost is dependent on the number of countries                and the complexity of the patent prosecution, but can easily                stretch to several hundred thousand dollars. After patents are                granted in individual countries then regular renewal fees are                payable to keep patents valid, up to a period of 20 years from                the initial filing, at which point the patent will lapse.


Patenting is not a barrier to publication, and we coordinate                activities with the researchers in order to minimise any delays                in publication and maximise protection of IP. We often work                with inventors to file patents shortly before publication.


Our team of business development managers work with you to                market your technologies and innovations through a worldwide                range of contacts, targeted to companies with the expertise to                develop the technology.


Monash has a revenue sharing policy to distribute funds from                commercialising technologies to the inventors, faculty or                department, and the central university. For further details                see Statement on Patent Revenue Distribution (Link). As well as                generating upfront revenues where possible we will also aim to                maximise long term revenue over the life of the patent.

Do Not Publish

Before the initial patent application is filed it is important                not to publish or otherwise disclose any of the information                that will be included in the patent. This disclosure could be                in the form of a lecture, poster at a conference, abstract or                early publication of a paper on the internet. It is also                important to consider your earlier work, as information in a                previous paper, or a section in the discussion section may make                your new invention obvious, and hence not patentable. If the                information has been disclosed, or the research team decide to                publish before a patent is filed then we can advise on the                impact on patentability. It may still be possible to obtain                more limited patent protection in a range of countries. This                requires that the patent is filed within a specified time                period, typically 12 months.

Care on Publication

For the next 12 months, prior to the PCT filing, we will work                with you and provide advice prior to you submitting any new                publication. We will then advise you on consequences of                publication on patentability and hence possible value of the                invention. There may also be aspects of the new publication                that could be added to the PCT application or be patentable                in their own right.

Marketing 1

After the provisional filing we will start marketing the              invention to selected potential partners. This will be under              confidentiality agreements where necessary. This helps to define              the potential market and demand for the technology.

Free to Publish

After the filing of the PCT application, 12 months from the                initial filing you are free to publish with no effects on                patentability. We would still be keen to see any papers before                publication to comment on any aspects relating to IP, or IP                that may be generated in the future. High quality publications                are often important in the marketing process as they help                potential commercial partners.

Marketing 2

Further marketing will occur after the PCT publication.                Detailed descriptions of the technology will be sent to a                selected network of company contacts for evaluation, and the                technology will be advertised on the website, at international                conferences and in one to one meetings with company contacts.                To facilitate this process the inventor is involved in                providing information and pictures, and checking the accuracy                of the material sent out. When specific technical questions                are asked by the company then these will either be answered by                the BDM, or the inventor as appropriate. We are keen to involve                the inventors during the marketing process as they know the                technology better than anyone.


Once a company has decided that it is interested in an                invention, then we will negotiate a contract in order to                maximise value obtained for the invention. The deal will                usually involve licensing rights to use the IP to an existing                company, but may involve other forms of venture, such as                start-up companies when appropriate. With an experienced team                of BDMs and extensive networks we can determine the most                appropriate route to market and the potential value of the                invention. It is important that the terms of any deal do not                hinder the ability of the licensee to commercialise the                technology through inappropriate financial terms, but do                reflect the objective to achieve impact from Monash                innovation.

Potential Revenues

It is always our intention to generate some revenue early on                in any agreement. But we always balance this with the potential                to realise long term value as this is where the potential to                generate significant revenue usually lies. It is highly                unusual to generate significant revenues in a short time                period and most technologies that significant revenues do so                after long time period, typically 5-10 or more years, but                often with smaller payments as value is added to the                technology.