R&D spending in Australia is falling partly because a failure in the capital markets makes investors wary of investing in innovation, according to Dr John Howard, a speaker in our latest webinar Towards 3% R&D – Where to from here? (information and sign up here)
Innovative companies find it hard to list or gain support on the ASX and carry out conversations with the venture capital sector, said Dr Howard, Executive Director, Acton Institute for Policy Research and Innovation, and Visiting Professor, UTS Institute for Public Policy and Governance.
Dr Howard said: “There is a failure in our capital markets that prevents fast growing companies from accessing funds to invest in innovation.
“…The result is we have few companies that perform innovative R&D.”
@AuManufacturing and BDO’s latest webinar – Towards 3% – where to from here? follows our successful editorial series on faltering innovation and the publication of our special e-book.
Hosted by Peter Roberts, the webinar will take place on Thursday 19 September, 11:00am – 12:00pm (AEST) (more information and sign up here).
Hear from Dr Howard and other expert panellists:
Download our e-book Towards 3% R&D – Turbocharging Australia’s Innovation Effort below – this will add you to the mailing list for @AuManufacturing‘s newsletter – just unsubscribe anytime.
Image: @AuManufacturing News/Studio Riz