Australia already has many of the institutional ingredients needed for effective innovation ecosystem development. The problem is coordination. This Insight suggests a new Australian Innovation and Industrial Strategy Commission designed around Cabinet authority, statutory coordination, and federal engagement. Drawing on overseas experience and Australia’s constitutional realities, it argues for a practical model that aligns innovation, industry, research, and place-based dev

Australia possesses many of the institutional ingredients needed for effective innovation ecosystem development. What remains largely absent is coordination across these instruments around shared, place-based objectives. This Innovation Insight examines the governance challenge through comparisons with the United Kingdom, Canada, Germany, Finland, Singapore, and New Zealand, and asks what kind of institutional mechanism Australia requires to align innovation, research, and in