Stimulating the science and research ecosystem creates jobs and investment
ACOLA, commissioned by Victoria’s Lead Scientist, Dr Amanda Caples, has produced a report outlining the value of investing in science and research in Victoria, that has brought national relevance. It highlights the broad value of research across the economy including the role current and any future investment can have in Australia’s recovery from COVID-19.
Victoria’s ecosystem comprises a range of actors, with universities playing a crucial part. They provide other organisations, including businesses and governments, with talent, knowledge, tools, technology and global relationships, supporting jobs and growth in Victoria and Australia.
The report takes a broader view, noting how over time the leveraging of many programs and activities at State and Commonwealth levels has resulted in the outcomes attained. Additionally, the report identifies high-level improvements for investment program design.
Over the last two decades, Victoria has focused on building a vibrant and productive science and research ecosystem by investing in research infrastructure (including skills), talent attraction and industry-led strategic capabilities. Major initiatives include facilities that provide access to shared high-technology equipment, such as the Australian Synchrotron and the Melbourne Centre for Nanofabrication (MCN) and attraction of global talent through veski; industry-led collaborative projects with universities.
This report provides the evidence base to support further investment in science and research infrastructure, skills, talent attraction and the use of contestable funding to catalyse industry-led innovation as part of stimulus measures for future jobs and economic prosperity.
ACOLA, for its established ability to deliver interdisciplinary evidence-based research draws on specialist expertise from Australia’s Learned Academies. ACOLA convened this valued science and research investment reference group to guide the development of a targeted study that draws input from several disciplines to create a well-considered, balanced and peer-reviewed report. The role of the reference group is to provide expert input, review and provocative thinking. The Review Panel members were asked to declare any conflicts of interest.
|Professor Joy Damousi FASSA FAHA||Dr John Bell FTSE|
|Professor Ian Chubb AC FAA FTSE||Professor Ian Harper AO FASSA|
|Dr Erol Harvey FTSE||Dr Susan Pond AM FTSE FAHMS|
|Professor Elizabeth Webster FASSA|
|Dr Michelle Low||Dr Lauren Palmer|
Project Funding and Support
This project has been kindly supported by the Victorian Government through the Department of Jobs, Precincts and Regions.
Acknowledgement of Country
ACOLA acknowledges the Traditional Owners and custodians of the lands on which our company is located and where we conduct our business. We pay our respects to Elders past, present and emerging.