The Innovative Research Universities (IRU) supports the development of a national universities precincts’ strategy that encourages local level stimulation of existing and new businesses through better industry-research collaboration.
The paper sets out the broad concept of a ‘precinct’, rightly keeping this general against the aim of being a means to bring together the innovative players in a region to strengthen the potential for better outcomes. The paper also sets out effectively the potential value to communities, universities, businesses and potential businesses.
The IRU response targets the importance of precincts for Australia’s regions and the elements of a Strategy that could support this.
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