Australian universities punch above their weight in global innovation
UNSW makes up almost 4 per cent of Australia's innovation system. MIT makes up just 0.13 per cent of the US system. The university's vice-chancellor made this comparison.
Why it mattersAustralia relies more on universities for innovation than other developed countries. If one major university fails, it creates a big gap in the system. This affects how government should fund research and help business growth.
AustraliaAustralian universities take on innovation responsibilities that large corporations handle elsewhere. This shapes how Australia should invest in research funding and university capacity.
✓ Claims checked against the source and corrected before publish. checked 2 h ago
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