today's innovation requires household and business have access to high-speed ICT; and there is room for improvement on this front in Australia. In education, Australia’s STEM-oriented strategy could be strengthened. Innovation in public-services should receive considerable attention as this can raise [...] Innovation is key to boosting Australia’s productivity and inclusiveness. This paper examines the policies that create good conditions for innovation, not only in science and technology but also wider forms, such as business-model innovation. Competition and flexible markets are particularly important [...] there is room to improve the environment for firm entry and exit, and intellectual property arrangements. However, the returns to public spending on Australia’s numerous innovation-related SME support schemes are uncertain. Federal and state governments are taking a positive approach to the new wave of
R&D activity can play a central role in raising productivity. Australia compares well in terms of research excellence. However, there is scope for better translation of publicly funded research into commercial outcomes. Strengthening incentives for collaborative research is essential. A simpler funding [...] greater mobility of researchers between the two sectors, and steps to ensure that intellectual property arrangements are not a barrier to knowledge. In Australia financial support for encouraging business innovation relies mostly on an R&D tax incentive; raising additionality and reducing compliance costs would
The "Partnering with Australia on Innovation, Science and Research" booklet outlines the range of opportunities for international organisations and individuals to partner with Australia on cutting-edge innovation, science and research. It showcases Australia’s credentials and gives information on the
business sectors. The Business Council of Australia’s Action Plan for Enduring Prosperity endorsed the approach and recommended its swift adoption. The Chief Scientist here puts forward a strategic approach to STEM as a recommendation to government. STEM: Australia’s Future focuses on: Building competitiveness
"Higher education in Australia. A review of reviews from Dawkins to today", released by the Department of Education and Training, summarises major reviews of higher education funding policy over the past 25 years. The paper surveys the findings of the 1988 Dawkins’ White Paper through to the 2014 Kemp-Norton
Pathways to an Economically Sustainable Hydrogen Industry in Australia" in 2018, followed up by the report "Hydrogen Research, Development and Demonstration: Priorities and Opportunities for Australia" in 2019. It was developed in parallel with Australia’s National Hydrogen Strategy and will support implementation [...] "Australia’s National Hydrogen Strategy" (2019) sets a vision for a clean, innovative, safe and competitive hydrogen industry that benefits all Australians. It aims to position its industry as a major player by 2030. The strategy outlines an adaptive approach that equips Australia to scale up quickly
Australia’s first National Strategy for International Education 2025 sets out a 10-year plan for developing Australia’s role as a global leader in education, training and research. The intent of the strategy is to ensure Australia remains a leader in the provision of education services to overseas students [...] students. The strategy and its goals and actions have been developed looking through three lenses: the benefits and opportunities for students, for Australia, and for the world.
Australia’s AI Action Plan sets out the Australian Government’s path forward to ensure Australia responsibly leverages AI to further strengthen its economy and lift the quality of life for all Australians. This plan will ensure AI is used and developed to practically improve Australians' lives, guided [...] guided by appropriate security and ethical considerations. Australia is committed to ensuring everyone has an opportunity to benefit from these new technologies, and that their use and development reflects Australia’s diverse community. As a key part of the Australian Government’s Digital Economy Strategy
(Agenda) to strengthen Australia’s competitiveness. The Agenda is a key business-focused element of the Government’s Economic Action Strategy and provides a framework for boosting Australian industries’ competitiveness and driving greater innovation and investment across Australia. The four key ambitions