The launch of the National Innovation and Science Agenda (NISA) in 2015 marked a watershed moment for Australian policy, placing entrepreneurship at the centre of the nation's economic future. This analysis looks at how NISA's initiatives, particularly the overhaul of the Venture Capital Limited Partnership (VCLP) and Early-Stage Venture Capital Limited Partnership (ESVCLP) regimes, successfully stimulated the early-stage funding ecosystem. It also discusses the critical chal

The Handbook of Innovation Ecosystems provides a framework for charting a course for Australia to “move from fragmented, project-based initiatives to a coherent, adaptive, strategically integrated innovation system”. It will be of assistance to the Minister for Industry and Innovation and Minister for Science Tim Ayres as he is faced with expectations of transformative action in a ‘budget neutral’ funding environment.

University–industry ties are rising, but mainly with foreign firms. The real barrier is domestic absorptive capacity: many Australian SMEs lack R&D talent, systems to use outside knowledge, and resources to scale. Multinationals adopt our research, while local work stalls at TRL 6–7. Stop blaming universities. Industry must invest in skills, universities must back implementation, and government must support transfer agents. Without this, R&D returns will stay weak.

Australia’s innovation system is world-class in research inputs,but falters when it comes to commercial outcomes. This is our long-standing "innovation paradox." What if we could finally solve it? Drawing on the case of Kaiserslautern, a small German city transformed into a global tech hub through the establishment of Fraunhofer Institutes, this Insight makes the case for introducing Fraunhofer-style applied research institutes in Australia.

The tectonic shifts in the global economy—from manufacturing to services, from tangible goods to intangible assets—demand more than incremental adjustments to our statistical and analytical frameworks, Australia, a nation increasingly powered by services and innovation, risks undermining its competitiveness by clinging to an outdated framework. The case for adopting modern, flexible, and globally aligned industry classification systems has never been more compelling.

Innovation has shaped prosperity and progress, yet its virtues are increasingly threatened by political opportunism and corporate betrayal. How can governments, firms, and individuals protect innovation’s role as a force for good? This Insight from Professor Mark Dodgson shows the way

Rajesh Gopalakrishnan Nair 'What's in a name? That which we call a rose by any other name would smell as sweet.' - Romeo and Juliet,...

This is the first of a series on what makes good public policy. Further Insights will be published weekly on Tuesdays. Other Innovation...

Australia has research excellence—now it's time to strengthen innovation ecosystems, financing, and pathways to adoption, application & use.

Australia’s innovation policy needs a paradigm shift. There must be a framework to support sustainable growth across all growth businesses

The Universities Accord Report pushed for 'root and branch' reform of the R&D system. But could strategic patience be more transformative?

The history of reviews of research and innovation in Australia follows a predictable and disheartening cycle