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Australian universities told to focus on commercialisation

Image: University of Melbourne

Federal discussion paper proposes university funding model that emphasises entrepreneurship rather than publication impact

Australian universities are set to be pushed to focus on commercialising research, possibly as a condition of funding, under a deal foreshadowed last week by the federal government.

A consultation paper released by the Department of Education, Skills and Employment on 26 February says that a completely new model of research funding is needed, with “mission-driven” research at its heart.

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