The Innovative Research Universities (IRU) are committed to expanding connections between industry and researchers. Presently, Australia ranks amongst the lowest performing nations in the OECD in terms of industry research activity and business interaction with publically funded research organisations. We hope that the Entrepreneur’s Infrastructure Programme (EIP) will be an effective mechanism to address these issues for the benefit of both business and universities, and the wider economy.
IRU members particularly appreciate the importance of translational research, whereby the findings of basic research are tested and refined through application. This research stimulates the development and release of new products, services and business processes. Industry partnerships are vital in this area of research endeavour and in highly innovative fields the role of start-ups is particularly important.
Download the full submission in PDF form.