Project description

Innovation is crucial to Australia's recovery from the COVID-19 economic crisis, but when it comes to innovation-led economies, Australia has shifted into reverse � this is why direct R&D grant funding is vital, writes UNSW Business School's Jo-Ann Suchard. The current economic crisis in the wake of the COVID-19 pandemic has exposed the decay in Australia�s manufacturing capability and highlighted the need for increased investment in innovation. Innovation is crucial for enhancing competitiveness, productivity, employment and economic growth.

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