Industry Innovation and Science Australia (IISA) looked at barriers for small and medium businesses to commercialise innovative ideas in Australia.

This report looks at these barriers through the framework of:

• Australia’s industry structure 
• industry capacity and capability to innovate
• the efficiency of the innovation process.

The report includes advice for the Australian government on:

• creating policies to grow medium-sized businesses in targeted industries
• better aligning small and medium business incentives to encourage innovation 
• measuring commercial outcomes and industry impacts.