Australian research commercialisation on the up worldwide

January 31, 2019

The National Survey of Australian Research Commercialisation (NSRC) reveals growing levels of industry engagement and entrepreneurship.

Australian research commercialisation

Released on 25 January 2019, the 2018 Snapshot measures Australian research commercialisation and industry engagement based on surveys of universities, medical research institutes (such as QIMR Berghofer and the Walter and Eliza Hall Institute of Medical Research) and publicly funded research agencies.

Performance data collected covers two areas: investment and commercialisation pathways. Investment can be directed into R&D, commercialisation staff and training, while Australian research commercialisation pathways are quantified in terms of metrics such as numbers of patents and licenses produced and industry-research collaborations.

Australian research commercialisation

The data reveals that a notable increase in average R&D expenditure across the surveyed organisations. The extra investment is seen to be paying off: there were more than 18,000 research contracts and collaborations in 2016, generating income of over $1.9 billion. Survey results from 2004 to 2016 show a positive trend in the average number of start-ups created per organisation, the number of provisional applications to apply for patents and the average number of patents granted.

Organisations are also investing in their human potential, with a 35% increase in researchers and students participating in industry training. The industry uptake of postgraduate students is also on the rise.

The top three organisations for producing consultancies, contracts and collaborations with end users were CSIRO, University of Queensland and Monash University. Meanwhile, the top three organisations in terms of Patent Cooperation Treaty (PCT) applications, which signal intents to file patents, were CSIRO, The University of Sydney and Monash University. CSIRO came out on top again in terms of Australian research commercialisation staff, ahead of the University of Queensland and the University of Melbourne.

Dr Erin Rayment, Chair of KnowledgeCommercialisation Australasia (KCA), a non-profit which leads best practice for public research organisations committed to industry engagement, says that Australia is continuing its trajectory as a world player in the research commercialisation space. “It’s great to see a continued increase in start-up growth and licensing deals, signalling an active technology transfer environment,” she said.

“These results tell a story of our world class research organisations working alongside industry to translate great ideas into real world outcomes and create more Australian jobs,” remarked Minister for Industry, Science and Technology Karen Andrews.

The NSRC data is available via the departmental website.

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