Powering ideas: an innovation agenda for the 21st century

• Department of Innovation, Industry, Science and Research

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20 May 2009This report outlines a policy framework to guide the development of Australia’s innovation system over the next
ten years.

According to the report, innovation will make Australia more productive and increase our capacity to build new industries, attract new investment, and create new jobs – both now and in the decades to come. It also promises us happier lives – with better health, more time for friends and family, more security, and more opportunities for all Australians to reach their full potential. Most importantly of all, it will give us the tools we need to heal and protect the environment. The framework outlined here is influenced by the Cutler report Venturous Australia, based on the findings of the National Innovation Systems Review.