Changing the status of industry driven research 16 September 2015 Conor King Executive Director
Changing the status of industry driven research
16 September 2015Conor KingExecutive Director
Exploring ways that existing systems could be changed to integrate better with increased industry demand
CHANGING THE STATUS OF INDUSTRY DRIVEN RESEARCH WITHIN ACADEMIA
1. What is the issue?
2. Stimulating Industry Driven Demand
3. Balancing Supply
4. Supporting Researchers
Key points
WHAT IS THE ISSUE?
This drags the overall GERD as a % of GDP down to 2.12% -‐ from a peak of 2.25% in 2008-‐09
• We should not diminish fundamental research
• Use it to strengthen use by end users
• End users a broad group
• Think internationally, not fortress Australia
Caveats:
STIMULATING INDUSTRY DEMAND
Creating demand: incentives for industry• Creating an industry research incentive program and retaining the existing R &D tax incentive to give businesses two options:ü the tax incentive to offset the cost of internal R&D within a company
üa government incentives programme to improve industry use of the research capability of Australian universities and other research agencies
BALANCING SUPPLY
Alternating cycles
ERA 2015
2018RVEU
ERA 2021
2024RVEU
SUPPORTING RESEARCHERS
Summary
• Build use of research by end users, particularly commercial, using fundamental research base
• Industry incentives to create the demand
• Balance university incentives and recognition• Assess value for end users
• Improve options for research careers across university and business