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AusBiotech responds to university research commercialisation consultation

AusBiotech united voices across the biotech pipeline as it responded to the University Research Commercialisation (URC) consultation and provided views. ....

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The university research commercialisation pipeline is broken, education experts say. Here's how it could power Australia's economic recovery.

The university research commercialisation pipeline is broken, education experts say. Here’s how it could power Australia’s economic recovery.
Bianca Healey
Australia is missing out on innovation opportunities because of a lack of direct investment in links between university research bodies and the private sector, according to Universities Australia.
The return on investment to industry of university research and development has been estimated at $4.50 for every $1 invested.
“We think we can improve performance dramatically” through direct investment by government, chief executive at Universities Australia Catriona Jackson said.
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The peak body advocating for Australia’s university sector said in a statement released today that boosting support to “make the most of university research” will lead to new jobs, products and companies as well as support Australia’s economic recovery post-pandemic. ....

Catriona Jackson , University Research Commercialisation , Universities Australia Catriona Jackson , Business Insider Australia , Universities Australia , பல்கலைக்கழகம் ஆராய்ச்சி வணிகமயமாக்கல் , வணிக உள் ஆஸ்திரேலியா , பல்கலைக்கழகங்கள் ஆஸ்திரேலியா ,

Making most of Uni research

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Making most of Uni research
Boosting support to make the most of university research will lead to new jobs, products and companies, and support Australia’s economic recovery.
In its response to the University Research Commercialisation consultation paper, Universities Australia has recommended identifying direct incentives that would support business to partner with universities and research organisations.
Universities Australia’s Chief Executive Catriona Jackson said the sector welcomed the Government’s focus on the potential of research commercialisation and translation to economic recovery.
“From Cochlear to CSL, Australia has demonstrated time and again that we have the skill and the smarts to compete with the best,” Ms Jackson said. ....

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Turning red clay into white gold for Queensland's economic future

Turning red clay into white gold for Queensland's economic future
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Australian Universities Back Research Commercialisation as Sector Struggles With Post-COVID Blues

Australian Universities Back Research Commercialisation as Sector Struggles With Post-COVID Blues
Industry groups representing Australian universities are backing the federal government’s move to explore how the sector can better commercialise research and technological developments.
The proposal comes as the tertiary sector grapples with a post-COVID economic environment, which has seen the sector shed 17,300 jobs and lose over $1.8 billion in revenue over the past year.
The government launched the University Research Commercialisation consultation paper in late February, seeking to gather ideas on how to best “maximise” the economic benefits of university research.
“We want our high-quality research to better translate into the breakthrough products, new businesses and ideas we need to grow our economy and improve our society,” Education Minister Alan Tudge said at the University of Melbourne. ....

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