THE government's long-awaited intellectual property reforms have been held up as instrumental to creating a better environment for innovation. But they are peripheral to what universities are most in need of right now.
Commercialisation has long been considered a nice to have, rather than a must have, for academia.
While he quality of university research is outstanding _ Australia was amongst the top 10 countries for quality research institutes in 2010, according to the World Economic Forum. But if we can't point to the social impact of that research, it will become even more difficult to attract government funding, inevitably eroding research quality. It's a vicious circle: no outcome, no funding, no funding, no outcome.
To read the full, original article click on this link: Commercialisation of IP of critical importance | Story & Education Stories | The Australian
Author: JASON COONAN
