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Improving Australia’s Competitive Position

Improving Australia’s Competitive Position. Hutch Ranck, July 2008. Strengthening Australia’s position in the new world order. Insights from the Working Group on Asia Prime Minister’s Science, Engineering and Innovation Council (PMSEIC).

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Improving Australia’s Competitive Position

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  1. Improving Australia’s Competitive Position Hutch Ranck, July 2008

  2. Strengthening Australia’s position in the new world order Insights from the Working Group on Asia Prime Minister’s Science, Engineering and Innovation Council (PMSEIC) Report of the Working Group on Asia to the Prime Minister’s Science, Engineering and Innovation Council, 2 June 2006

  3. Insights from the Working Group on Asia, PMSEIC Australia needs to: “Simplify private company access to publicly funded intellectual property.” Report of the Working Group on Asia to the Prime Minister’s Science, Engineering and Innovation Council, 2 June 2006

  4. Insights from the Working Group on Asia, PMSEIC Barriers to commercialising publicly funded research: Rush to publish Bureaucratic barriers in universities State Government requirements Report of the Working Group on Asia to the Prime Minister’s Science, Engineering and Innovation Council, 2 June 2006

  5. Father Julius A. Nieuwland, C.S.C. The DuPont experience Collaborations long part of DuPont history • Gentlemen’s agreement with Father Julius Nieuwlandof the University of Notre Dame in 1925 • Worked to polymerize acetylene • Formalized fellowship program in late 1920’s • “to form broad and favorable contact between the DuPont Company and high grade colleges of the country”

  6. DuPont-Massachusetts Institute of Technology Alliance • DuPont-MIT Biotechnology Alliance established in 2000 • Bioelectronics • Biosensors • Biomedical materials • Bioengineering • Biopolymers • Link MIT’s capability to create unique technology with DuPont’s understanding of the marketplace and capability to develop and commercialize technologies • Alliance expanded in 2005 to include nanocomposites, nanoelectronic materials, alternative energy technologies, and next-generation safety and protection materials

  7. Unique attributes for success with MIT • Breadth of academic department participation • Proposals initiated by either MIT or DuPont • Joint research: DuPont liaison for each project • Program administration/oversight • Intellectual property rights • Educational component • Management School participation

  8. Principles for effective technology transfer • Be aware of what you have and what you need • Build networks, determine players, establish relationships • Start engagement with industry early • Work with tech transfer groups to quickly narrow the field • Patent before publishing • Recognise global realities

  9. Why Australian Universities? • DuPont currently has 3 active collaborations and 4 other collaborations under evaluation with Australian universities • The quality of Australia’s researchers • Relevance to DuPont Technology gaps • Importance of networking

  10. National Innovation Framework • BCA and Society for Knowledge Economics Report • Five Priorities for a New National Framework • Agree a National Innovation Strategy – COAG to lead • Strengthen Business-Public Sector Collaboration • Increase Support for Public Research • And encourage business research and development • Skills for Innovation through Education and Training • National Infrastructure such as world class broadband

  11. Singapore’s clean energy solution: a whole of government innovation strategy

  12. Clean energy solution

  13. DuPont Vision To be the world’s most dynamic science company, creating sustainable solutions essential to a better, safer, healthier life for people everywhere.

  14. Questions

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