Research & development (R&D)/innovation activities
Detail any R&D activities you'll implement to encourage innovation in your business. Include any financial and/or staff resources you plan to allocate. Visit Innovation for more information.
Intellectual property strategy
Detail how you plan to protect your innovations. List any current trade marks, patents, designs you have registered and if you have any confidentiality agreements in place.
Protecting your innovations can include registering for intellectual property protection, ensuring your staff sign a confidentiality agreement, and generally ensuring your competition does not find out what you are developing.
See the IP Australia website for information on protecting your innovations.