Moves to strengthen corporate, government and university innovation links
Since becoming Australia’s prime minister in 2015, Malcolm Turnbull has highlighted a number of areas in which his country is lagging behind the rest of the world – particularly regional competitors such as Singapore and Hong Kong – when it comes to incentivising and commercialising innovation.
GCV Analytics data shows that Australia reported 12 corporate-backed deals in 2016, up from 8 in 2015. Compared with Canada, the UK and Israel, however, Australia still has some way to go. Canada had…