Difference between revisions of "Team:UNSW Australia/Human Practices/Law"

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<h3>Grants & Ethics Approval</h3>
 
<h3>Grants & Ethics Approval</h3>
<p>The legal ‘tick of approval’ is being introduced into grant applications within Australia, currently being part of grant applications in Europe.</p>
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<p>Legal approval is being introduced as a preliminary requirement for research grant applications within Australia, similar to Europe. The grants we received were not dependent on ethics approval; however, we question whether they should be.</p>
<p>The grants the team received were not dependent on ethics approval of the research; however, we question whether they should be.</p>
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<p>The availability of grant money to fund the research also determines what projects can be undertaken – a project ineligible for grant money is far less likely to go ahead.</p>
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<p>The <b>availability</b> of grant <b>money to fund the research also determines what projects can be undertaken – a project ineligible for grant money is far less likely to go ahead.</p>
<p>There is also a correlation between the likely patentability of an invention, or area of science, and the amount of research funding which goes into the area. The Australian Bureau of Industry Economics 1994 Report stated that legal protection seems to ‘increase the incentive for investment in research and development, in a reasonably cost effective way’, and there has not been any significant change from this position in Australia.  More evidence of this correlation comes from the US, where 80% of the money spent on basic pharmaceutical research (usually not patentable) comes from public sources.</p>
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<p>There is also a <b>correlation</b> between the likely <b>patentability</b> of an invention, or area of science, and the amount of research <b>funding</b> which goes into the area. The Australian Bureau of Industry Economics 1994 Report stated that legal protection seems to ‘increase the incentive for investment in research and development, in a reasonably cost effective way’, and there has not been any significant change from this position in Australia.<sup><a href=#references>5</a></sup> More evidence of this correlation comes from the US, where 80% of the money spent on non-commercial pharmaceutical research comes from public sources.<sup><a href=#references>6</a>; <a href=#references>7</a></p>
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Revision as of 06:36, 15 October 2018

Law and Regulation