A recent report entitled “Innovate and Prosper: Ensuring Australia’s Future Competitiveness through University-Industy Collaboration” commissioned by the Australian Technology Network of Universities (ATN) illustrates that Australia ranks poorly in comparison to its counterparts in the Organisation for Economic Cooperation and Development (OECD) in terms of innovation.
Greater collaboration between industry and research-intensive universities is seen to produce a demonstrable return on public investment, positive outcomes for communities and sustainable commercial success.