Alan Tudge (Aston, Liberal Party, Minister for Education and Youth) Share this | Hansard source

is to get the best brains at our universities to work with our business leaders to convert their great research into products, into new companies and, ultimately, into jobs and wealth creation. This close collaboration between academics and businesses occurs so well in places like Silicon Valley and the innovation country of Israel, but in Australia we know that we can do better. To be fair, we have brilliant research. We punch above our weight in primary research, but on nearly every metric of research commercialisation, we don't do as well as we should be doing. We want to change this. We want to be more like the United States. We want to be more like Israel in this regard, where universities do work with business to create new products, to create new companies, to drive the economy to create wealth for the nation.

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