Some large multinational firms have been very successful in positioning themselves at strategic points in global markets that enable them to capture the profits from the innovation of others.
Publicly-funded research should contribute to society in some way. But we need to think carefully about how we create a system that allows us to measure the impact of research.
Driverless cars and the use of drones are just two things the Innovation Statement should address.
More than 60 Australian government reports have identified direction, planning and leadership as keys to creating an innovative nation. Here's five things other countries have done to lead the way.
Innovation is a core objective of China's next Five-Year Plan, so will Australia follow suit and put innovation rhetoric into innovative action?
Since becoming prime minister, Malcolm Turnbull has been talking about the importance of innovation. This is what he's referring to.
Through creating entrepreneurs and boosting global collaboration, science has the potential to drive economic growth and innovation – if only the government would properly fund it.
An emphasis on innovation is great, but we need genuine reforms to universities and tax incentives if we're to promote collaboration between research and industry.