This report finds government funding is generally skewed towards the later stages of industry development which are already comparatively well-financed by private capital markets. It suggests shifting more funding towards the early stages of industry development, including high-risk high-reward projects that might otherwise struggle to gain private finance, and could one day become major players...

Australia is at risk of sliding towards a 'big corporate' economy and needs to take urgent action to reverse the direction. The report asks policymakers and regulators come together to put small and family businesses first and create the best environment in which they can thrive and succeed.

Innovate UK’s No Limits programme aims to transform the United Kingdom's skills and talent pipeline. This report proposes a specific approach to creating an innovation system that anyone can engage with, and receive the support necessary for success: a mission-oriented approach centred on shared goals for equity, diversity and inclusion.

A key recommendation from this inquiry is for the Australian Government develop a clear and operational definition of 'sovereign capability' as part of the broader Future Made in Australia agenda that can be used to inform future government procurement decisions.

The 2024 Australian IP report suggests Australian firms were resilient to global economic headwinds last year in generating new intellectual property (IP). The strongest growth among Australian’s IP applicants was in energy equipment such as electric motors, generators, batteries and solar panels.