BHERT reviewed the Innovation and Science Australia report “Prosperity Through Innovation 2030” provided to the Government in November, and released publicly in late January.
BHERT’s view is that the ISA proposal to Government is a step forward for innovation in Australia. ISA began from the position that the innovation challenge for Australia lies in the translation of discovery into economic and social benefit.
BHERT Summary February 2018
In the last Quarter of 2017 the Australian Innovation System Report 2017 was released by the Office of the Chief Economist in the Department of Industry, Innovation, and Science. The Report quantifies the contribution of high-growth firms to the Australian economy and assesses the role of innovation in their growth, and trends in the incidence and attributes of high-growth firms. It also explores the policy considerations related to high-growth firms, and looks more broadly at potential areas for improvement in the general business environment.
The Report “Shifting the Dial” was tabled in Parliament on October 24, and is the first in a series of 5-year Productivity Reviews. It departs from previous practise in that for the first time it directly addresses social factors; notably inequality: “A key issue will be to ensure that future economic, social and environmental policies sustain inclusive growth ... Productivity growth provides a capacity for higher incomes and poverty alleviation. The motivation for limiting inequality extends beyond its intrinsic value to the desirability of avoiding too great a dispersion in incomes, given evidence that this can, in its own right, adversely affect productivity growth. Public support is also more likely for reforms that offer benefits to the bulk of people.”
In June 2017, the Department of Industry, Innovation, and Science released their annual National Survey of Research Commercialisation (NSRC), displaying data from 2013–2015. This results from surveys of publicly-funded Australian institutions, including 38 Universities. The analysis revealed a wealth of activity: over 13,000 research contracts, consultancies and collaborations conducted by Australian Universities in 2015, up from 10,000 in 2013. Universities support 74% of the collaboration
activities identified, and the invested value of the collaborations was A$1.2 billion in 2015.
BHERT is delighted to announce that Mr John Paitaridis, Managing Director of Optus Business, joined the BHERT Board in April. Mr Paitaridis is recognised as a leader in the IT industry in Australia, and brings a wealth of business insight to BHERT.
ACEEU is a council dedicated to promoting entrepreneurial and engaged universities. Dr Sharon Winocur, contributed to its inaugural publication, INSIGHT, with an article about 'Engagement in Australia - Creating the Lucky Country'.
BHERT is pleased to welcome Dr Peter Binks as its incoming CEO, succeeding Dr Sharon Winocur. Peter’s broad experience in the corporate and university sectors has informed his understanding of the value of innovation, and shaped his commitment to collaboration.
BHERT announces the appointment of Dr. Russell J Howard, BSc (Hons), PhD as the inaugural BHERT Fellow. The role of the BHERT Fellow is primarily to raise awareness on issues related to collaboration between the higher education sector, business and industry.
Driving stronger partnerships and collaboration between business, industry, researchers and the higher education sectors was the theme of Senator Simon Birmingham's address to the 2015 BHERT Awards Dinner. Read the transcript of his address.
Driving collaboration across business, industry and tertiary education.
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