Another stall in the research marketplace

The National Health and Medical Research Council is “committed” to “creating stronger pathways to capture the economic value of research discoveries” and so it has created an (pause for applause)  innovation webpage! Apparently the council is keen to help researchers with “commercialisation,” which is, “the process by which a new product or service is introduced to market.”

Good-o, but isn’t funding research with market potential a core function of the Medical Research Future Fund? The MRFF Act specifies it exists for “the application and commercialisation of medical research for the purpose of improving the health and wellbeing of Australians.”


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