Tag: Acton Institute

Nobel Prize for Innovation. What does that actually mean?

Posted on   |  by Rajesh Gopalakrishnan Nair
The 2025 Nobel Prize in Economics has been awarded to three eminent economists; Joel Mokyr, Philippe Aghion, and Peter Howitt, for their work demonstrating the critical role of public...

Why the Australian innovation system needs Fraunhofer Institutes

Posted on   |  by Dr John H Howard
Australia’s innovation system is constrained by a persistent failure to translate world-class research into industrial capability and commercial outcomes. Drawing lessons from the German city of Kaiserslautern and its...

Innovation policy design: A battle of conceptual vagueness

Posted on   |  by Dr John H Howard
‘Innovation’ pervades Australian policy discourse. It is hailed as the remedy for declining productivity, economic stagnation, and social challenges, appearing in political speeches, business strategies, and university mission statements....

Australia’s research system compared to global peers

Posted on   |  by Dr John H Howard
Despite a high proportion of globally ranked universities, Australia’s research impact, business R&D investment, and proportion of R&D expenditure relative to GDP, remains low.  The contribution of the higher...