Boosting Australia's Innovation

Executive summary

Australia stands at a critical juncture in its journey to boost the national innovation ecosystem.

Institutional reform, targeted investment, increased collaboration and improved evaluation will create an innovation sector that can commercialise, iterate, experiment and develop the technologies to support better lives in Australia and around the world.

Strategies

Drawing on expert consultations, this report presents key insights and strategies for the government, research institutes, investors and businesses to revitalise the Australian innovation landscape.

• Balancing the economic and public value of outcomes
• Long-term policy horizons
• A non-linear innovation pipeline
• Differing incentive structures
• Fundamental discovery as a bedrock
• Support for varied organisational capacities
• Market-driven success