Our unis are far behind the world’s best at commercialising research. Here are 3 ways to catch up

Jared Mondschein, Rajat Roy, Vik Naidoo

Research output: Contribution to journalOnline ResourceResearch

Abstract

[Extract]
Federal Education Minister Alan Tudge’s push for better engagement between universities and industry signals renewed ambition and dynamism among higher education policymakers. Research commercialisation is being pitched as the way to rejuvenate a higher education sector plunged into crisis by the COVID-19 pandemic. Government has a crucial role to play in this process, and we have identified three specific steps it can take to help Australia catch up with the world’s best.

Australia’s public universities are world-class research bodies. But, unlike many universities in places like Europe and the United States, they are not good at building on that research for commercial returns. Australia’s level of research commercialisation is one of the worst in the developed world.
Original languageEnglish
JournalThe Conversation
Publication statusPublished - 4 May 2021

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