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Investing in university collaborations

4 September 2017

Today I was delighted to speak about the importance of industry-research collaboration at the Australian Technology Network of Universities (ATN) annual conference.

Collaboration between industry and researchers is vital to a healthy innovation system, which in turn creates jobs and delivers economic growth for all Australians.

No university or business can succeed without embracing the skills and expertise of others in the innovation ecosystem. The ATN universities set a high standard for collaboration with more than 18,000 industry partnerships between them.

The Australian Government is focused on creating an environment that encourages more of this type of collaboration between businesses and the research sector.

This includes reforming research block grant funding arrangements and setting up six industry-led Growth Centres in key sectors.

With more than 35 innovation precincts already in universities across Australia, the Government has also set up an Advisory Committee to provide advice on whether we should have a national strategy to support these precincts.

Universities generate the majority of the country’s basic research, a vital share of our applied research and train the innovative workforce for our future. I look forward to collaborating with the ATN and university sector and industry for the future of our country.

The ATN brings together five innovative and enterprising universities in Australia: the Queensland University of Technology, the University of Technology Sydney, RMIT University, the University of South Australia and Curtin University.

Media contact: Minister Sinodinos' office 02 6277 7070