Do you want to add value to your business?
Businesses that innovate can be more profitable and have greater potential to grow and compete both nationally and globally. Businesses that innovate and form partnerships with researchers are more likely to increase their productivity performance.
Businesses today can face many challenges, some of which require experience outside of your core knowledge as a business owner. Innovation is a way to overcome these challenges, and one of the most successful ways to innovate is to collaborate with researchers with expertise in diverse areas.
What are the benefits from industry-research partnerships?
Researchers and research users (such as businesses and industry) profit from the experience of working together.
Businesses can benefit by working with researchers through:
- assistance in the development of new ideas and solutions
- reduction of research costs by gaining access to state and Australian Government funding schemes and modern infrastructure
- access to expert advice, knowledge, technology and equipment
- provision of access to skilled and work-ready researchers
- access to national and international networks.
Visit the Department of Industry's website to explore how AW Bell built its expertise in the aerospace export market by working together with CSIRO's Small and Medium Enterprise Engagement Centre.
Researchers can also benefit from business and industry collaboration by:
- producing high quality and relevant research that translates directly into commercial business
- producing research leading to greater social, economic and environmental impacts
- improving graduate outcomes and effective knowledge transfer
- building valuable contacts and networks
- building a strong reputation as a high-class research institution.
Visit the Department of Industry website to learn how the University of New South Wales partnered with OneSteel to produce research with the greatest impacts.
Support in building partnerships
If you’re a business or researcher interested in innovating through research-industry partnerships, Australian Government assistance and support is available. To explore the possibilities, consider getting in touch with a researcher offering expertise in an area useful to your business. A list of researchers is available from the AusIndustry website.
Find out more information on Australian Government programs and services that provide financial support and advice below.
Supports the placement of researchers from universities or public research agencies into businesses, to help develop and implement a new idea with commercial potential.
Provides support to enhance science and technology collaboration between small to medium enterprises (SMEs) and researchers in Europe and Australia in the areas of:
- clean energy
- healthy ageing and
- sustainable cities.
R&D Tax Incentive (Research Service Providers, AusIndustry, Department of Industry)
Research Service Providers provide scientific or technical expertise and resources to perform research and development (R&D) on behalf of other companies. Companies can claim the generous R&D Tax Incentive for work that RSPs undertake on their behalf
Offers funding options as well as multi-layered networking opportunities to accelerate the business building process for Australian companies, entrepreneurs, researchers and inventors looking to commercialise innovative intellectual property.
Assists Australian SME's in accessing research and development from within the National Innovation System in order to help define and address technical issues and facilitate business growth.
Supports research cooperation and collaboration across all sectors of industry and science.
The CRC program supports end user driven research collaborations to address major challenges facing Australia.
Provides funding for R&D projects which are collaborative between higher education researchers and other organisations within the national innovation system.
Offers funding schemes attractive to both university-based researchers and industries to facilitate research partnerships that provide the competitive edge for products, processes and services.
Australia’s National Measurement Institute (NMI) provides integrated advice, support and services relating to physical, chemical, biological and legal measurement. NMI’s measurement expertise can help companies optimise manufacturing, successfully introduce new technologies, and ensure product safety all along the supply chain. NMI researchers collaborate to develop leading-edge measurement technologies and apply these across Australia.
Visit the Department of Industry website to find out more about industry-research collaboration, or to view the factsheet, available in Word or PDF format.