06 Mar 2025
Strategic Examination of R&D: Seeking input into MTAA's response
The Government has commissioned a strategic examination of Australia’s research and development (R&D) system, lead by an expert panel including Ian Chubb and Fiona Woods.
These two members of the expert panel point toward a strong interest in medtech R&D and, ideally, commercialisation.
Further details are in the attached discussion paper and can be found here:
- https://www.industry.gov.au/science-technology-and-innovation/strategic-examination-research-and-development/strategic-examination-research-and-development-terms-reference
- https://consult.industry.gov.au/strategic-examination-rd-discussion-paper
The consultation period on the discussion paper closes on 11th April 2025.
MTAA is engaging relevant members to explore the ten consultation and survey questions (see below).
Consultation Questions:
- What should an integrated, sustainable, dynamic and impactful Australian R&D system look like?
- What government, university and business policy settings inhibit R&D and innovation why?
- What do we need to do to build a national culture of innovation excellence, and engage the public focus on success in R&D and innovation as a key national priority?
- What types of funding sources, models and/or infrastructure are currently missing or should be expanded for Australian R&D?
- What changes are needed to enhance the role of research institutions and businesses (including startups, small businesses, medium businesses and large organisations) in Australia’s R&D system?
- How should Australia support basic or ‘discovery’ research?
- What should we do to attract, develop and retain an R&D workforce suitable for Australia’s future needs?
- How can First Nations knowledge and leadership be elevated throughout Australia’s R&D system?
- What incentives do business leaders need to recognise the value of R&D investment, and to build R&D activities in Australia?
- What should be measured to assess the value and impact of R&D investments?
Survey Questions
- R&D is important for economic diversification.
- Increasing R&D investment by the business sector is the most critical element to improving the economic impact of Australian R&D.
- Maintaining investment in foundational R&D is critical to the overall health of the R&D system.
- Public R&D resources should be more targeted towards national priorities.
- New and alternative sources of R&D funding are needed.
- First Nations knowledge is sufficiently reflected in the R&D landscape.
- Research institutions should be more specialised with more clearly defined roles.
- The current R&D workforce can address Australia’s future needs.
- Better coordination is needed to manage R&D infrastructure.
- Government should play a larger role in spurring collaboration and alignment of cross-sector interests.