바이오인

The innovation challenge

 

Key points

Basic research and development of low-emissions technologies is an international public good, requiring high levels of expenditure by developed countries.

Australia should make a proportionate contribution alongside other developed countries in its areas of national interest and comparative research advantage. This would require a large increase in Australian commitments to research, development and commercialisation of lowemissions technologies, to more than $3 billion per annum by 2013.

A new research council should be charged with elevating, coordinating and targeting Australia’s effort in low-emissions research.

There are externalities associated with private investment in commercialising new, low-emissions technologies.

To achieve an effective commercialisation effort on a sufficiently early time scale, an Australian system of matching funding should be available automatically where there are externalities associated with private enterprise investment in low-emissions innovation.

Research in adaptation technologies is required. Existing arrangements are well placed to meet immediate priorities....계속