Revenue-generating benefits to the organisation

Assignment Help Business Management
Reference no: EM13300029

The CSIRO is Australia's largest not-for-profit scientific organisation. With a total annual budget of over $1.2 Billion the CSIRO's annual revenue comes from multiple sources including direct government funding (about 60%), consulting services income, and income from products and services. The CSIRO also has an IP portfolio from which it earns income annually through royalties and licensing agreements.

In April 2012 the CSIRO announced that it had reached a multi-million dollar settlement toresolve litigation in the US against seven companies for infringement of a current US patent owned by the CSIRO relating to fundamental aspects of Wi-Fi wireless communication systems. The resolution of the recent litigation against these seven companies will result in a one-off amount of $220 million as income to the CSIRO as well as ongoing royalty payments. Including this latest $220 million amount the patents held by the CSIRO relating to Wi-Fi communications technologies and systems have resulted in a total income of $430 million since the CSIRO began litigating against patent infringers (in the USA) seeking financial compensation.

The key patent involved in this Wi-Fi technology-based IP litigation was applied for in 1993 inthe USA, awarded by the USPTO in 1996, and so will expire next year in 2013. With an estimated 3 billion commercially manufactured devices currently in use in the world that utilise in some way the CSIRO-patented Wi-Fi invention some optimistic estimates put the total income the CSIRO will earn from its' Wi-Fi patents as high as $1 Billion.

CSIRO's Wi-Fi patents are an interesting case study in commercial R&D including how the IPwas developed by their researchers, how the IP was managed, the attempts made by the CSIRO itself to commercialise the IP, and the ultimate source of income gained from this IP as royalties and patent infringement compensation from commercial for-profit companies who incorporated their IP into now-ubiquitous Wi-Fi communications products.

Write a report that analyses the CSIRO's Wi-Fi patents, developed as part of their commercial R&D efforts in the 1990's, with respect to strategic and revenue-generating benefits to the organisation. Also consider the importance of commercial R&D in general to the CSIRO as part of its current strategic plans for the organisation.

General Requirements for This Assignment

  • A written report is to be prepared using an appropriate academic writing style and toinclude a list of references.
  • Read the Assessment Criteria guidelines in the Unit Guide for guidance on how this assignment will be marked. Make sure that any analysis you present is your own - not simply a summary of what is presented in source or reference materials. Your report must be an analysis report not a literature review.
  • The word limit is 1000 words minimum to 1500 words maximum - not including the References section. Word count includes the first word of the first section heading to the last word of the last section in your report (but it does not including the References section).
  • The submitted report file cab be in MS Word or PDF.
  • Do not simply present the information requested for this assignment in a question andanswer format in your report i.e., do not reproduce the questions from the previous page in your report.
  • Don't waste time with fancy layouts, colours, cover pages, and so on. A simple text-basedformat is all that is needed with the report layout consisting of a few sections of text (with section headings). Use photos or diagrams sparingly and only if necessary and/or relevant to include in your report. Just use a basic and common text font such as Arial or Times New Roman with at least 10 point font size for body text. Single-spaced paragraphs are acceptable.
  • There must be a Reference Section (Bibliography) in your submission. Marks will bededucted if it is omitted, not suitably formatted, or lacking more than at least six relevant citations. Use a suitable referencing style such as the Harvard Style or IEEE.
  • Don't be tempted to plagiarise. If you unsure what constitutes plagiarism, cheating, orcollusion then refer to the Academic Honesty information provided for all units on Cloud Deakin in the Unit Guide and Information folder. It is your responsibility to fully understand what constitutes plagiarism, cheating, or collusion and what the consequences forstudents at Deakin University can be for offenders.

Verified Expert

Reference no: EM13300029

Questions Cloud

Calculate the altitude of geosynchronous satellite : calculate the altitude of geosynchronous satellite, calculate the speed needed to move this mass from the surface fo the Earth to the altitude of 3R_E
Determine purchasing power 3 years from now of an investment : Determine the purchasing power 3 years from now of an investment of $20,000 today. The investment is earning a market interest rate of 8%, and the inflation rate is 3%.
The impact of major eents from the recent financial : The impact of major eents from the recent financial crisis on credit default swaps
What will be the pressure in the narrower pipe : Water flows through a 4 cm diameter pipe at 4 m/s and with a gauge pressure of 2 atm. what will be the pressure in the narrower pipe
Revenue-generating benefits to the organisation : Write a report that analyses the CSIRO's Wi-Fi patents, developed as part of their commercial R&D efforts in the 1990's, with respect to strategic and revenue-generating benefits to the organisation.
Calculate the loan balance immediately : Calculate the loan balance immediately after the 84th payment. Calculate the amount of interest in the 84th payment.
Find the speed of the electron released from the state : A photon with energy 1.85 eV is absorbed by a hydrogen atom. Find the speed of the electron released from the state in part (a) when it is far from the nucleus
Explain what is the molar heat of combustion of caffeine : A 1.08 g sample of caffeine, C8H10N4O2, burns in a constant-volume calorimeter that has a heat capacity of 7.85 kJ/K. The temperature increases from 298.55 K to 303.37 K. What is the molar heat of combustion of caffeine (in kJ).
Find what is the maximum you would pay for the bond : A 10-year $2000 Bond with a coupon rate of 10% paid semi-annually is available for purchase. What is the maximum you would pay for this bond if your MARR (without inflation) is 6%, and you estimate an inflation rate of 3% annually

Reviews

Write a Review

Business Management Questions & Answers

  Implementation of a successful business strategy

"A" Company, the new parent company of "B" Company, is a large multinational conglomerate. It is an extremely financially well-run company, with an emphasis on short-term, quarterly results.  One of the biggest obstacles to the implementation of a s..

  Partners are upstream of leapfrog and which are downstream

Draw a map of the supply chain for the company- leapfrog. Comprise retailers, Capable Toys, and suppliers of main materials such as Tyvek. Which supply chain partners are upstream of leapfrog and which are downstream?

  Hospital organizational culture

What moral values are embodied in a hospital organizational culture and what is the impact of these values on the conduct of the organization?

  Company responsibility and recruiting methods

Sexual harassment can occur in a work environment with employees of the organization. Discuss the role or responsibility of the company in this situation.

  Motivating people to exercise

Prepare a working bibliography. This short paper will require a list of at least five references using APA citation style. Some of these sources will need to come from academic or professional journals.

  Explain the cost of renovation

Explain The cost of renovation is $80,000 and The renovation is completed in 2 months after the purchase. ABC has a balance date of 30 June.

  A company outreach program

Select a firm, a fortune 500 firm for example according to your research of their Web site, other resources, explain what community outreach programs the new firm

  Explain a brand for which you feel strong loyalty

Explain a brand for which you feel strong loyalty (Heinz ketchup) and What has earned this particular brand its equity versus others in its market space?

  The repayment of the bank loan

Explain what operating sources provide the cash for the repayment of the bank loan.

  Critical thinking process

Explain a situation in which critical and creative thought could have been used for a better outcome and describe why it is important to think critically and creatively in similar situations.

  Explain federal regulation of advertising

Explain federal regulation of advertising has effectively reduced to one-tenth of all advertising during children's television programs

  An organizational behavior moment- friend or associate

An Organizational Behavior Moment- Friend or Associate - Do the benefits outweigh the costs of trying to save him? This is from organizational behavior course,

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd