Excellence in innovation: research impacting our nation's future – assessing the benefits

Technology Information technology Australia
Attachment Size
apo-nid32122.pdf 2.78 MB

These stories clearly articulate the value of taxpayers’ investment in university research and provide direct evidence that research is bringing tangible benefits to the nation which is funding it – namely via our economy and the advancement of the society in which we live. Australia has one of the highest percentages of its researchers in universities amongst developed economies – nearly 60%1 . Australian universities also direct significant investment into research – over $8.2bn by Australian Bureau of Statistics (ABS) figures for 2010, representing 0.59% of GDP and 69, 199 person years of effort 2 .
As such, the impact for the nation of the research undertaken in our universities is extremely relevant to its future. This ATN/Go8 “Excellence in Innovation for Australia Research Impact Trial” was undertaken to measure the innovation dividend of research generated by Australian universities and as a precursor to a possible companion piece to the Excellence in Research for Australia (ERA). The recent ERA exercise does not include the capability to measure the end-user benefits of research. Both excellence and innovation are crucial aspects of Australia’s research efforts.

Publication Details