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Media Release
National Survey of Research Commercialisation Report Released
31 August 2007
The practical application of research undertaken by Australia’s universities and institutions continues to increase, as indicated in a new report released today by the Minister for Education, Science and Training, the Hon Julie Bishop MP.
“The National Survey of Research Commercialisation (NSRC) report gathers information from universities, publicly funded research institutions and medical research institutes,” Minister Bishop said.
“This important report provides new data for the years 2003 and 2004, as well as incorporating trends during the period from 2000 to 2004.”
Over the five years that data has been collected, the following results are evident:
- invention disclosures increased by 77%;
- patents and plant breeder rights issued worldwide increased by 79%;
- licences, options and assignments yielding income per year increased by 36%;
- start-up companies operational at the end of each year nearly tripled, with the value of institutional equity in start ups increasing by 41%; and
- commercialisation staff increased by 74%.
“This activity creates significant income for the institutions, however the greatest benefits are realised through the valuable application of this research in the broader economy and community,” Minister Bishop said.
“The report demonstrates that effective management of publicly funded intellectual property is important as part of the commitment by institutions to collaborations with industry partners."
The report and a companion volume capturing a series of commercialisation case studies reported by respondents to the survey are available at: www.dest.gov.au/research/NSRCR03_04
Media Contacts:
Minister Bishop’s Office: Tory Vidler 0414 228 727
Dept of Education, Science & Training: Media Unit 02 6240 7300
Non media queries: 1300 363 079
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