Towards 3% R&D – the lesson of the SBIR model of innovation by Jefferson Harcourt

Today our editorial series – Towards 3% R&D – Turbocharging Australia’s Innovation Effort – turns to successful overseas models boosting innovation such as the US SBIR model. By Jefferson Harcourt. Research and Development (R&D) is essential in driving economic growth and maintaining a competitive advantage, and in Australia there’s a pressing need to enhance R&D…

A new spin on an old concept

Australian Turntable Company is in demand all over the world in its niche: designing, engineering, assembling and maintaining platforms that spin. Brent Balinski speaks to Managing Director Ben Chapman about the regional Victorian company’s story, and the imminent launch of its very first first business-to-consumer product. It was the middle-aughts. Then as now, Iran’s military…

Towards 3% R&D – government and business leadership by David Martin

Today our editorial series – Towards 3% R&D – Turbocharging Australia’s Innovation Effort – turns to the critical importance of leadership from governments and business leaders in reversing the innovation slump. By David Martin of Ai Group. Leaders have the responsibility to shape the future of their firms by identifying opportunities and strategically aligning the…

Towards 3% R&D – Reach for the Moon to innovate by Xavier Orr

@AuManufacturing turns today in our editorial series – Towards 3% R&D – Turbocharging Australia’s Innovation Effort – to one of the bright sparks in the innovation scene – the development of a research-based space industry. By Xavier Orr. Australia’s space sector has skyrocketed in the past two decades. As of 2008, Australia was the only…

Towards 3% R&D – Why business innovation is faltering by Dr John Howard

Faltering business expenditure on R&D is a major factor in Australia’s poor innovation performance. Today in our editorial series – Towards 3% R&D – Turbocharging Australia’s Innovation Effort – Dr John Howard identifies businesses’ failings. This is an edited excerpt (full paper link below). From 1981 to 1995, Australian businesses made steady progress in lifting…

‘Invisible’ consultants help companies write sustainability reports. Here’s why that’s a problem

By Hendri Yulius Wijaya, The University of Melbourne and Kate Macdonald, The University of Melbourne Around the world, more and more companies are publishing sustainability reports – public scorecards detailing their impacts on society and the environment. Environmental, social and governance (ESG) reports outline the positive and negative effects of a company’s activities, and the…

If plastic manufacturing goes up 10%, plastic pollution goes up 10% – and we’re set for a huge surge in production

By Kathryn Willis, CSIRO; Britta Denise Hardesty, CSIRO; Katie Conlon, Ph.D., Portland State University, and Win Cowger, University of California, Riverside In the two decades to 2019, global plastic production doubled. By 2040, plastic manufacturing and processing could consume as much as 20% of global oil production and use up 15% of the annual carbon…

Towards 3% R&D – continuous improvement in manufacturing by Serena Ross

Today in our editorial series – Towards 3% R&D – Turbocharging Australia’s Innovation Effort – Serena Ross contrasts innovation to be new to the world, and continuous improvement – the lifeblood of her company, Circuitwise Electronics. Australia’s innovation effort can be improved by a greater focus on ‘ordinary’ innovation. In contrast to deep-tech or R&D-focused…