Jensen, P.H., Palangkaraya, A. and Webster, E. (2006), Submission to the Productivity Commission Review of Public Support for Science and Innovation, July.
The Australian Government has identified science and innovation as one of its strategic priorities, recognising its contribution to Australia’s economic and social prosperity. The Government has provided significant support for science and innovation, which it has augmented since 2001 through Backing Australia’s Ability (BAA), and funding now exceeds $5 billion per annum. In light of this investment, the Government considers that a study of public support for science and innovation is warranted. This study – to be conducted by the Productivity Commission and completed by March 2007 – will complement the ongoing and planned reviews of BAA programmes. The main issues outlined in the Productivity Commission’s review span three areas:
- The economic, social and environmental impacts of public support;
- Impediments to the effective functioning of Australia’s innovation system; and
- Evaluation of decision making principles and program design.