Under the New Zealand government’s well-being approach to the budget, funding that will help reduce emissions is linked with economic development and innovation.
After declining for nearly a decade, the number of hungry people in the world is growing again. Climate change, which is disrupting weather patterns that farmers rely on, is a major cause.
Working with organisations outside the business – universities, research bodies, other businesses – can greatly expand Australian firms’ capacity to innovate and match larger rivals overseas.
Money always seems tight for university scientists. A sociologist conducted hundreds of interviews to see how they think about funding sources and profit motives for basic and applied research.
Traditional accounting calculates a company’s value by measuring physical assets and how much they owe. But we can tweak this for today’s economy by including people and their ability to innovate.
The Australia 2030: Prosperity Through Innovation report offers five “imperatives for action”: Education, Industry, Government, Research and Development, and Culture and Ambition.
Research dollars don’t stay locked up in academia and government labs. R&D collaborations with the private sector are common – and grow the innovation economy.
Previous Vice President of the Academy of Science of South Africa and DSI-NRF SARChI chair in Fungal Genomics, Professor in Genetics, University of Pretoria, University of Pretoria