The centrepiece proposals in the Strategic Examination of Research and Development (SERD) report – known as Ambitious Australia – would redefine what counts as R&D, leave the fiscal cost unexamined, and concentrate benefits on a very small proportion of Australian innovative businesses.
In Ambitious Australia, SERD has delivered a thorough diagnosis of what ails Australia’s R&D system. Chapters three and four of the report prescribe a treatment built around …
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