Australia’s top-flight innovators will draw on a mix of skills – creative, business and technical– to tap new sources of wealth, according to a new report.
Industry placements for PhD students and flexibility for graduate training are two key recommendations of a comprehensive review of Australia’s research training system launched today by Federal Minister for Education and Training, Senator Simon Birmingham.
The Australian Council of Learned Academies (ACOLA) has reported that innovation in Australia is suffering from a lack of direction, short-termism and a haphazard approach.
Translating research for economic and social benefit examined innovation initiatives in 14 nations and found a clear link between national policy and performance. The 14 were: Finland, Denmark, Sweden, Germany, United Kingdom, Israel, United States, Canada, South Korea, Japan, Singapore, China, Brazil and Chile.
Reforms across Australian institutions and investments for the future could add more than 20 per cent to living standards by 2030, according to a new report from the Australian Council of Learned Academies (ACOLA).