The Market for Technology in Australia. Over the last 5 years, formalised markets for technology have accelerated in the US. However, there is no recognised formal market in Australia. Results from our primary data collection and analysis will highlight whether deficiencies in the market for technology are creating obstacles for the commercialisation of Australian technology. This is a particularly important issue for Australia given our relative isolation arising from geographical distance and ....The Market for Technology in Australia. Over the last 5 years, formalised markets for technology have accelerated in the US. However, there is no recognised formal market in Australia. Results from our primary data collection and analysis will highlight whether deficiencies in the market for technology are creating obstacles for the commercialisation of Australian technology. This is a particularly important issue for Australia given our relative isolation arising from geographical distance and lack of attachment to a major trading bloc such as the EU or NAFTA.Read moreRead less
Managing the Diffusion of Innovations: Understanding the Processes of R&D Collaboration in East Asia and drawing lessons for Australia. A series of collaborative R&D ventures have emerged in East Asia, within quite distinctive institutional frameworks. Unlike the case of many of the collaborative arrangements in the US, Europe or Japan, where mutual risk reduction is frequently the driving influence, in the case of Taiwan, Korea and Singapore it is technological learning, upgrading and catch-up ....Managing the Diffusion of Innovations: Understanding the Processes of R&D Collaboration in East Asia and drawing lessons for Australia. A series of collaborative R&D ventures have emerged in East Asia, within quite distinctive institutional frameworks. Unlike the case of many of the collaborative arrangements in the US, Europe or Japan, where mutual risk reduction is frequently the driving influence, in the case of Taiwan, Korea and Singapore it is technological learning, upgrading and catch-up industry creation that is the object of the collaborative exercises. The study is concerned with the evolving organizational architecture of these R&D alliances and seeks to draw comparisons between them and established collaborative arrangements in the USA, Japan and Europe, and draw lessons for Australia.Read moreRead less
Cyclical industrial dynamics in high-technology industry: The case of Flat Panel Displays. Australian high-technology industry policy is strongly focused on securing entry by Australian firms into such industries as semiconductors and flat panel displays (which utilize ICT and photonics technologies). Success to date has been modest. One of the prime barriers to entry is the cyclical character of the industries - in the sense that firms in East Asia appear to have secured entry only during downt ....Cyclical industrial dynamics in high-technology industry: The case of Flat Panel Displays. Australian high-technology industry policy is strongly focused on securing entry by Australian firms into such industries as semiconductors and flat panel displays (which utilize ICT and photonics technologies). Success to date has been modest. One of the prime barriers to entry is the cyclical character of the industries - in the sense that firms in East Asia appear to have secured entry only during downturns. A deeper understanding of the cyclical industrial dynamics of such industries promises to enhance the prospects for successful entry by Australian firms, and thereby contribute to fulfilling the goals of public policy in this area.Read moreRead less
The innovation pool in Australian biotechnology: assessing strategies for fostering innovation through patenting and patent pooling. The current patent system was designed for a very different research environment than that in which the global biotechnology industry operates. Rather than facilitating innovation there is evidence that the system can unduly restrict R&D. Patent pooling is being promoted internationally as a way to facilitate innovation. However, potential pitfalls are also recogni ....The innovation pool in Australian biotechnology: assessing strategies for fostering innovation through patenting and patent pooling. The current patent system was designed for a very different research environment than that in which the global biotechnology industry operates. Rather than facilitating innovation there is evidence that the system can unduly restrict R&D. Patent pooling is being promoted internationally as a way to facilitate innovation. However, potential pitfalls are also recognised, and work is underway to develop appropriate regulation. Australia cannot afford to be left behind: urgent consideration must be given to the desirability of patent pooling and the regulatory changes that are required to allow it to function in the national interest. The proposed research will provide the data necessary to make informed decisions on this critical issue. Read moreRead less
Creating and capturing value in biotechnology: Can organisations sustain themselves through open source-style licensing and collaboration? Innovation is sometimes thought of exclusively in scientific and technological terms. But it is actually much broader, occurring in the way that commercial and non-commercial organisations seek to create and capture value - their business models. Like technological innovation, business model innovation is crucial to economic growth, but it is also fraught wi ....Creating and capturing value in biotechnology: Can organisations sustain themselves through open source-style licensing and collaboration? Innovation is sometimes thought of exclusively in scientific and technological terms. But it is actually much broader, occurring in the way that commercial and non-commercial organisations seek to create and capture value - their business models. Like technological innovation, business model innovation is crucial to economic growth, but it is also fraught with uncertainty, complexity and risk. This project will engage with biotechnology organisations that are actively seeking to develop new business models in order to understand the innovative process and identify ways in which other actors can support their efforts through policy, funding and other interventions. Read moreRead less
An Implementation Tool for Achieving Individual and Enterprise Innovation Competency. A prime challenge facing management today is how an organisation can foster a supportive culture for innovation. The purpose of this study is to apply and verify the effectiveness of existing innovation models to the manufacturing industry, culminating in a new model and set of metrics to guide the development of individual and enterprise innovation competencies. The innovation competencies will be validated th ....An Implementation Tool for Achieving Individual and Enterprise Innovation Competency. A prime challenge facing management today is how an organisation can foster a supportive culture for innovation. The purpose of this study is to apply and verify the effectiveness of existing innovation models to the manufacturing industry, culminating in a new model and set of metrics to guide the development of individual and enterprise innovation competencies. The innovation competencies will be validated through a combination of project and problem-based action learning methodologies. The project deliverables will be a range of tools, techniques and other resources to assist enterprises to become innovation ready.Read moreRead less
Comprehensive Australian Study of Entrepreneurial Emergence (CAUSEE). New business creation is a major source of new jobs and an important component of our nation's innovation system. The project will permanently transform the understanding of business creation in Australia. In contribution to NRP 3, high-technology new ventures will be over-sampled and given particular attention. The research is part of a strategy to create a world class research centre in entrepreneurship (as CI 1 previously h ....Comprehensive Australian Study of Entrepreneurial Emergence (CAUSEE). New business creation is a major source of new jobs and an important component of our nation's innovation system. The project will permanently transform the understanding of business creation in Australia. In contribution to NRP 3, high-technology new ventures will be over-sampled and given particular attention. The research is part of a strategy to create a world class research centre in entrepreneurship (as CI 1 previously had a key role in doing in Sweden). Frontier knowledge in this area contributes to 'promoting an innovation culture and economy' and facilitates 'maximizing Australia's benefits from investments in research, particularly related to commercialisation of 'Breakthrough science' and 'Frontier technologies'.Read moreRead less
Firm Early Development and Performance (FEDP): A Panel Study. Research in several developed economies has shown that small, independent firms - and especially the new entries - contribute disproportionately to innovation, job creation and regional economic well-being. The project will substantially improve our understanding of successful development pathways across a range of contexts facing young Australian firms, and ultimately lead to improved business outcomes and economic and social benefit ....Firm Early Development and Performance (FEDP): A Panel Study. Research in several developed economies has shown that small, independent firms - and especially the new entries - contribute disproportionately to innovation, job creation and regional economic well-being. The project will substantially improve our understanding of successful development pathways across a range of contexts facing young Australian firms, and ultimately lead to improved business outcomes and economic and social benefits. In contribution to NRP 3.5, promoting an innovation culture and economy, high-technology firms will be over-sampled and given particular attention. The research is part of a strategy to create a world class research centre in entrepreneurship.Read moreRead less
What facilitates or hinders the discovery and exploitation of entrepreneurial opportunities? A systematic comparison of the independent and corporate contexts. Every opportunity that is discovered but not exploited represents significant unrealised value for the entrepreneur and society-at-large. By providing clear implications for managers and entrepreneurs as to which factors will facilitate and constrain the successful exploitation of discovered opportunities, this research will contribute to ....What facilitates or hinders the discovery and exploitation of entrepreneurial opportunities? A systematic comparison of the independent and corporate contexts. Every opportunity that is discovered but not exploited represents significant unrealised value for the entrepreneur and society-at-large. By providing clear implications for managers and entrepreneurs as to which factors will facilitate and constrain the successful exploitation of discovered opportunities, this research will contribute to increasing the discovery of technologies as well as their successful commercialisation. It will promote a more vibrant, innovative culture at companies and within Australian society. In particular our focus of the mining sector will benefit the Australian economy, as this sector is of major economic importance.Read moreRead less
Economic interactions between scientists and commercial interests and their impact on scientific knowledge dissemination: a theoretical and empirical investigation. In recent decades, the debate between scientists, policy-makers and businesses on the usefulness of scientific discoveries has been intense. Despite its clear economic implications, there has been very little economic modeling of the interactions between scientists and firms on key choices such as publication rights and licensing agr ....Economic interactions between scientists and commercial interests and their impact on scientific knowledge dissemination: a theoretical and empirical investigation. In recent decades, the debate between scientists, policy-makers and businesses on the usefulness of scientific discoveries has been intense. Despite its clear economic implications, there has been very little economic modeling of the interactions between scientists and firms on key choices such as publication rights and licensing agreements associated with patent protection. These choices impact on the diffusion of scientific knowledge and their productive applications. This project will examine those interactions both at a theoretical and empirical level with the goal of generating insights into whether and how public policy makers should regulate or leave unchecked the commercialisation of science.Read moreRead less