Government and university planning cycles are completely out of sync, making it almost impossible for tertiary institutions to develop long-term technology and innovation projects.
The CEO of the Group of Eight universities, Peter Hoj, says the development of commercially-realisable technology requires lead times that run over decades, whereas the political cycle is turning over every two or so years.
Image: The CEO of the Group of Eight universities, professor Peter Hoj, says the political cycle is completely at odds with what universities are in need of. Damien Bredberg