As part of its Industry Innovation and Competitiveness Agenda, the Australian Government will develop and implement a strategy to improve Australia’s economic performance through better translation of research into commercial outcomes.
Better translation of research into commercial outcomes will help drive innovation in Australia, grow successful Australian businesses and research capacity, and boost productivity and exports. It aligns with the Government’s measures to reform the higher education sector and to realise the potential of health and other research.
The Government is looking for input from the research sector and industry on the discussion paper. The deadline for submissions has been extended until 5 December 2014 at midnight AEDT.
Further details on the initiative and how to make a submission are set out at www.education.gov.au/current-reviews-and-consultations.
The discussion paper is available below: