Photo Michael Jensen Innovation policy incorporates an entire process from the original concept to the commercialisation and marketing of a product.
Innovation can only flourish in the right environment.
This requires a supportive government and an enthusiastic business sector willing to invest in innovation. The Australian Government has a range of programs in place to encourage business investment in research and development, and commercialisation. The Government is also looking to increase the number of professionals in the fields of science, information technology, mathematics and engineering by creating thousands of new university places. ICT occupations will be recognised as key positions for long-term temporary entry and immigration officials will process applications immediately for ICT professionals. It will also be made easier for overseas students who gain ICT qualifications in Australia to remain in the country.