CPD’s submission to the Australian Government’s Strategic Examination of Research and Development (R&D) makes seven recommendations by for drawing on two recent CPD reports:
The Centre for Policy Development submission to the Australian Government’s Strategic Examination of R&D makes seven recommendations drawing on CPD’s recent work on industry policy, procurement and industry development.
The Australian Government has commissioned a strategic examination of Australia’s R&D system. An independent expert panel is exploring how Australia can encourage more home-grown ideas, more research and more translation, which it says will lead to benefits and prosperity for all Australians for decades to come.
It sought input on its discussion paper. CPD’s submission focuses primarily on the role of governments, and answers three out of the ten consultation questions:
Q1. What should an integrated, sustainable, dynamic and impactful Australian R&D system look like?
Q2. What government, university and business policy settings inhibit R&D and innovation why?
Q4. What types of funding sources, models and/or infrastructure are currently missing or should be expanded for Australian R&D?
CPD broadly agrees with the barriers addressed in the discussion paper, but we draw attention to three specific barriers in relation to government investment in R&D: