A landmark review of higher education has called for sweeping changes to the university research system after finding Australia’s governments and industries are not making enough use of the innovation, or fully investing in it.
A final report from the year-long Universities Accord process, published on Sunday, recommended a root and branch review of national research funding, a new strategy, official targets for R&D share of GDP, and the full funding of research projects.
Governments must also procure more research themselves, increase funding for fundament research, and should reward universities that demonstrate impact.
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