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The paradox of public science and global business: CSIRO, commercialisation and the national system of innovation in Australia

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posted on 2024-07-09, 18:50 authored by Lyndal Joy Thompson, Michael GildingMichael Gilding, Thomas SpurlingThomas Spurling, Gregory SimpsonGregory Simpson, Ian ElsumIan Elsum
This article describes three case studies of the commercialisation of early-stage technologies involving CSIRO; extended-wear contact lenses, biostable biocompatible polymers for medical implant devices, and biodegradable biocompatible polymers for medical implant devices. The case studies extend the portfolio of detailed, highly contextualised studies of innovation in the Australian context. They also provide a window into CSIRO, commercialisation pathways and the national system of innovation in Australia. In particular, they highlight the paradox of public science and global business in the Australian context. The paradox is that global business depends upon public science for innovation more than ever, but makes it increasingly difficult for countries to capture the benefits of public science. It adds major complexity to the successful realisation of a more commercial approach by Australia's public research organisations such as CSIRO, and the capture of benefits from the national system of innovation.

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ISSN

1447-9338

Journal title

Innovation: Management, Policy and Practice

Volume

13

Issue

3

Pagination

13 pp

Publisher

eContent Management

Copyright statement

Copyright © 2011 eContent Management. The published version is reproduced in accordance with the copyright policy of the publisher.

Language

eng

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