This purpose is to facilitate the development and uptake of new ideas and technology and translate them into commercial activity. It will increase productivity, improve Australia’s competitiveness and drive economic growth by delivering better scientific and economic outcomes for Australia, including encouraging collaboration between researchers and businesses.
Our aims are to:
- support the creation and sharing of scientific and technological information as an input to commercial activity
- encourage collaboration between the research sector and businesses to generate solutions that lead to improved productivity and international competitiveness and address national and international challenges
- support international collaboration on science and technology
- maintain a strong science base focused on meeting Australia’s priorities
- promote the innovative adoption and diffusion of digital technologies.
The department works to achieve this purpose through:
- Activity 1.1: Science awareness, infrastructure and international engagement
- Activity 1.2: Business research, development and commercialisation
Performance measurement and assessment
| Intended results of Purpose 1 | Performance criteria |
|---|---|
| Growth in the proportions of small, medium and large firms engaging in innovative activity |
|
| Increased investment by businesses in intangible assets—i.e. the knowledge assets of an organisation |
|
| Growth in the value-added of knowledge-intensive industries |
|
| Improved returns from the commercialisation of research |
|
| Improvement in Australia’s performance in scientific research |
|