Science and Technology Australia gets the need for applied research – it has ideas on making it work

In a submission to a Senate inquiry, the peak body proposes appointing “brokers” to National Collaborative Research Facilities to, “engage with industries like manufacturing. And STA renews its regular call for a Research Translation Fund, to bring research science and technology to market, along the lines of the Medical Research Future Fund. The existing R&D Tax Incentive and the imminent Patent Box indirect incentives do not provide a path across the valley of death separating labs from sales, STA suggests.