Gov announcement of new $ for research commercialisation is welcome. The approach looks sensible to this non-expert.
But the funding scale! $1.6b of new money! (Over 4 years?)
Compare with ARC's budget: $0.75b pa.
Must fund research & commercialisation!
news.com.au/finance/econom…
But the funding scale! $1.6b of new money! (Over 4 years?)
Compare with ARC's budget: $0.75b pa.
Must fund research & commercialisation!
news.com.au/finance/econom…
The ARC funds the bulk of basic research in Australia.
But it's funding has been cut by 30% since 2014 – see 🧵👇
But it's funding has been cut by 30% since 2014 – see 🧵👇
https://twitter.com/ARC_Tracker/status/1338313993283203072?s=20&t=u_qN_NbFTMjZ0Fte_rbOjw
ARC's Linkage Program – 40% of its budget – is being moved more & more towards manufacturing & commercialisation. Minister's recent edict demands 70% go to these ends: ▶️arc.gov.au/letter-expecta…
If there's new $ for commercialisation, stop using ARC's budget for the same thing.
If there's new $ for commercialisation, stop using ARC's budget for the same thing.
We can't *only* do research commercialisation. We have to massively boost basic research too.
Constantly cutting the ARC's funding just diminishes the very foundations of the research sector.
You can't build a commercialisation castle on those crumbling foundations.
Constantly cutting the ARC's funding just diminishes the very foundations of the research sector.
You can't build a commercialisation castle on those crumbling foundations.
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