The Department of Education, Skills and Employment is seeking views on the development of a model for university research commercialisation and possible mechanisms to incentivise and increase partnerships between businesses and universities. 

IMCRC is pleased to offer this submission, which considers the areas of mission-driven research, stage-gated design, incentives for participation, industry-university collaboration, and governance. It also offers recommendations for a national, industry-led model based on IMCRC’s experience, learnings and success, particularly in removing barriers for SMEs to collaborate with Australian universities and other scientific research organisations.