5 Recommendations Australian Government suggested to boost Innovation
An innovation report was published by the Australian Government, Senate Economic References Committee, in December 2015. It would be cool to measure activities against policy recommendations
In the report innovation is described as “ideas applied successfully”.
Recommendation 1 paragraph 2.32
The Government target and build policies to lift investment in research and development to three per cent of GDP.
Recommendation 2 paragraph 2.32
The establishment of an independent government agency responsible for maintaining a continuous and consistent approach to innovation policy across the whole of government.
Recommendation 3 paragraph 2.4
Develop policy to enhance collaboration and the free flow of knowledge between the university system and the private sector; increasing the size of the research and development workforce employed in industry; and ensuring that public funding to support science, research and innovation is long- term, predictable and secure.
Recommendation 4 paragraph 2.57
Develop a range of measures to support the role of local and regional innovation ecosystems.
Recommendation 5 paragraph 2.66
Focus on the education system acknowledging the central importance of the interplay between innovation, the STEM subjects and the humanities, social sciences and creative industries.