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What to do about our poor innovation record

Australia’s pervasive small business sector is underinvesting in research, stymying efforts to lift our poor performance in innovation.

Tom Burton

The decision to review how research grants are distributed heralds the first serious rethink of funding and follows widespread criticism of the delays and politicisation associated with the distribution of grants.

But while the examination of the Australian Research Council by Queensland University of Technology vice chancellor Professor Margaret Sheil was welcome, the challenges associated with research and innovation go well beyond the ARC.

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Tom Burton has held senior editorial and publishing roles with The Mandarin, The Sydney Morning Herald and as Canberra bureau chief for The Australian Financial Review. He has won three Walkley awards. Connect with Tom on Twitter. Email Tom at tom.burton@afr.com

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    Original URL: https://www.afr.com/politics/federal/what-to-do-about-our-poor-innovation-record-20220901-p5behb