Overview & Comments

The Minister released the 2010 Australian Innovation Systems Report, which is a new annual report to measure Australia’s performance in innovation. Australia is not faring well in research capacity, business innovation or collaboration between businesses and higher education institutions, the report said.

In a speech launching the report, Minister Kim Carr said the Australian Innovation System Report 2010 shows that business expenditure on research and development has almost doubled over the last decade, rising from a low of 0.67 per cent of GDP in 1998-99 to 1.27 per cent of GDP in 2007-08.

Importantly, the report sets a baseline against which Australia’s future innovation performance can be assessed, allowing us to take concrete measurements of our progress on the targets and ambitions outlined in the Government’s innovation statement, Powering Ideas.

The report also describes strategic measures taken by governments, businesses and research institutions to boost Australia's innovation performance. 

Access the report here: http://www.innovation.gov.au/Section/Innovation/Pages/AustralianInnovationSystemReport.aspx

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