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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. Popular Searches 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.

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