Australia risks losing out on the future prosperity that artificial intelligence presents by investing “far too little” in research and development, according to software billionaire Mike Cannon-Brookes. The co-founder...
IP, R&D and Venture Capital
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| by Justin Hendry
The Victorian government’s $2 billion venture capital fund recorded its first loss since inception last financial year, despite adding more than $190 million in new investments to its portfolio....
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| by Justin Hendry
Superannuation funds are facing growing calls to stump up more of their fast-growing $3.9 trillion wealth funds into early-stage tech, as local venture capital continues to lag behind that...
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| by Brandon How
Australia’s public research institutions landed more than $1 billion worth of private sector research contracts for the first time in 2023, according to an annual survey by Knowledge Commercialisation...
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| by Joseph Brookes
Atlassian, CSL and Cochlear are the biggest users of Australia’s research and development tax incentive, with the software giant alone claiming more than $200 million of activity a year,...
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| by Brandon How
Less than half of Australian businesses are now considered innovation-active, according to new biennial data that reveals a tough economic environment is drying up the funds and skills needed...
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| by Brandon How
There was no movement on the amount spent on research and development activity inside government organisations in the first year of the Albanese government when measured as a proportion...
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| by Brandon How
Queensland’s startup investment pool continues to grow with four more venture capital firms agreeing to expand in the state in exchange for backing from the Miles government’s new development...
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| by Justin Hendry
One of the earliest backers of PsiQuantum says bringing the Californian-based quantum company to Queensland will “catapult” the local sector by crowding in investment and help prevent further brain...
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| by Brandon How
Small and medium-sized enterprises now spend more on research and development than large businesses, with the growth of local venture capital and government support helping to alleviate some financing...
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| by Brandon How
Any R&D strategy developed by the federal government should focus on supporting intellectual property that can be licensed to overseas manufacturers rather than creating local mass production, according to...
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| by Justin Hendry
The head of Breakthrough Victoria has rejected claims of excessively high operating costs at the state’s $2 billion investment fund, saying the expenses are almost identical to that of...
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| by Justin Hendry
Startups and SMEs will soon be able to negotiate with federal government agencies on who owns the intellectual property developed under contracts won through the Digital Marketplace. The change,...
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| by Justin Hendry
Early-stage venture capital firms have come out in force against proposed changes to the “sophisticated” investor thresholds, with more than 20 late submissions to a federal government review accepted...