All participating organisations agree the intellectual property (IP) for this 3-M centre will follow the statements in the ACSRF-JRC guideline:
"Collaborative activities will protect intellectual property rights which relate to or arise from innovations developed under the joint research activities. The ascription and allocation of rights and interests regarding Intellectual Property Rights (IPRs) will occur on the basis of respective contribution and equitable interests. The allocation of IPRs arising from the joint research activities will occur on the basis of a project management plan or collaboration arrangement developed jointly for each project by its proponents. Contracts to protect IPRs will be signed in accordance with laws and regulations in force in Australia and China. Intellectual property in these guidelines is defined in terms of Article 2 of the World Intellectual Property Organisation Convention signed in Stockholm on 14 July 1967."
Since the Centre will function as a platform for scientific and technological collaboration between Australia and China. It focuses on general issues which can always be open to the public. It is unlikely to have IP problems. However, for collaboration directly associated with a specific project, it is helpful to formulate an IP agreement among the participating organisations from the two countries.