鈥淲e are very pleased to see clear recognition from Government of the central role universities play in productivity, prosperity and boosting sovereign capability as part of this initiative,鈥 Ms Jackson said.
鈥淎ustralian universities have a strong record of collaboration with industry partners, and the benefits this brings to the economy. We know that for every dollar invested in research, $5 is returned to the economy.”
鈥淣ow more than ever, investing in university research will ensure that the best and brightest can play their role in our nation鈥檚 recovery from the pandemic.鈥
鈥淯niversities have been working closely with Government as they develop a research commercialisation plan, and we understand this announcement is part of that.鈥
鈥淲e look forward to seeing further details of this initiative, as well as the Government鈥檚 full research commercialisation plan.鈥