Advance has a deep understanding of the challenges facing Australia’s R&D practices, and the reasons why many Australians find the inspiration and resources to bring new ideas to life when they leave Australian shores.
In a 2019 submission, Advance outlined recommendations to the NSW Government to accelerate R&D in NSW, including a mindset shift to a demand-led approach with government as a key customer, attracting global R&D hubs, and leveraging the networks of global Australians. The NSW Government’s action plan Turning ideas into jobs was released in 2021, and outlines five priority actions to 1) launch a small business innovation research program; 2) boost open data; 3) turbocharge precincts; 4) target strategic support for NSW universities; and 5) establish an R&D matchmaking platform.