Policy Proposal – Innovation Ambassador

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Global tech firms generally have significant commercial footprints in Australia, but few do any research and development (R&D) here.  Instead, their Australian offices tend to focus on sales and marketing. This compounds the existing problem that Australia already spends less on R&D than peer OECD countries (around 1.87% of GDP—and falling—in comparison with an average of 2.3%).  

To compete for global R&D, Australia needs strong fundamentals (including skilled local talent, accessible visas, world-class research institutions, high quality business infrastructure, and clear strengths in particular areas with a proven track record of high quality work).  But given the internationally competitive market for flagship R&D programs, Australia also needs to tell a cohesive narrative about why it should be on the radar for tech executives looking to set up new R&D labs.

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#StartupAUS is excited to announce the formation of the Tech Council of Australia, a new peak industry body representing the technology industry. 
Building on the work of StartupAUS, the Tech Council aims to engage with governments, businesses and the wider community to help support the ongoing creation, development, and adoption of technology across industries, including continuing advocacy policy issues affecting our early-stage startup ecosystem. 
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