NSW Health cools on high-risk innovation investment


NSW Health will move to diversify and re-balance its portfolio of research and innovation investments under a more risk-averse approach that creates “lasting impact and value”.

The new approach could see it withdraw or reduce investment in some areas, as the central agency seeks to offset “high-risk, high reward” ventures against lower risk ones.

That’s according to the NSW Health Research and Innovation Strategy, which lays out a five-year plan …

Want to know how this story ends?

Become a subscriber for complete access to all stories on InnovationAus.com and our daily newsletter.

Already a member? Log in here

Do you know more? Contact James Riley via Email.

Related stories