Priority outcome 2 — Queensland’s world-class research and collaborations are translated into creating commercialisation opportunities
Our priority is research collaboration and commercialisation. Queensland is globally recognised for our research quality. But the commercialisation of research is a major challenge. Improving research–business collaboration and increasing expenditure on research and development and commercialisation outcomes are important for a thriving innovation economy.
Our objectives are to:
- Increase expenditure on research and development.
- Enhance commercialisation of research and development.
- Improve research–business collaboration.
- Support growth of university research income.
- Increase investment in intellectual property.
| Key initiatives | Lead agency |
|---|---|
| Continue to deliver the Industry Research Fellowships (IRF) program to support greater commercialisation outcomes. | DTIS |
| Pilot the development of technology roadmaps to support the IRF aligned with government’s priority industries. | DTIS and DES |
| Deliver new programs to improve collaboration between researchers and industry and achieve greater commercialisation outcomes. | DTIS and DES |
| Deliver a regional university commercialisation fund. | DES |
| Deliver a science industry co-investment fund. | DES |
| Support Queensland universities and research institutes and the health system to leverage increased Australian Government funding opportunities such as new Cooperative Research Centres and through the Medical Research Future Fund. | DES and Health |
| Deliver international collaborative research and information sharing programs that support Queensland research to be world-class. | DES and TIQ |
| Support the Queensland Defence Science Alliance. | DES |
| Support Queensland Hospital and Health Services and health and knowledge precincts to foster research into innovative products and services for translation into improved patient care and commercial opportunities, including through clinical trials. | Health |
| Develop a Queensland Science Strategy. | DES |
Lead agencies:
- DTIS — Department of Tourism, Innovation and Sport
- DES — Department of Environment and Science
- TIQ — Trade and Investment Queensland
