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National Innovation Review (NIR) Update 4 December 2008

National Innovation Review (NIR) Update 4 December 2008. Review of the National Innovation System(NIR). Announced by Minister Kim Carr on 22 January 2008 Carried out by an Expert Panel chaired by Dr Terry Cutler

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National Innovation Review (NIR) Update 4 December 2008

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  1. National Innovation Review (NIR) Update 4 December 2008

  2. Review of the National Innovation System(NIR) • Announced by Minister Kim Carr on 22 January 2008 • Carried out by an Expert Panel chaired by Dr Terry Cutler • Includes, as part of its broad terms of reference, reviews of the R&D Tax Concession and the CRC programs.

  3. NIR Expert Panel Members • Dr Terry Cutler (Chair) Principal Cutler & Co • Dr Nicholas Gruen CEO Lateral Economics • Prof Mary O'Kane Executive Chairman of Mary O’Kane & Assoc Pty Ltd • Prof Steve Dowrick Professor, School of Economics, ANU • Ms Narelle Kennedy Chief Executive Australian Business Foundation • Prof Glyn Davis (AC) Vice-Chancellor and Principal, University of Melbourne • Ms Catherine Livingstone (AO) Director – Future Directions International • Dr Megan Clark Vice President Technology, BHP Billiton • Professor John Foster School of Economics, University of Queensland • Dr Jim Peacock (ex-officio) (AC) Chief Scientist • Ms Patricia Kelly (ex-officio) Deputy Secretary Department of Innovation, Industry, Science and Research

  4. Panel’s Task – the Terms of Reference • Identify a set of principles to underpin the role of the public sector in innovation. • Develop a set of national innovation priorities, complementing the national research priorities. • Identify regulatory and other barriers to innovation. • Examine the scope for simplifying the set of innovation programs. • Review the R&D Tax Concession Scheme and CRC Program and recommend ways to improve their innovation outcomes. • Consider ways to improve the governance of the national innovation system.

  5. NIS Review Panel Dr Terry Cutler (Chair) Collaboration & CRC Review WG Prof Mary O'Kane (Chair) Tax & R&D Tax Concession Review WG Dr Terry Cutler (Chair) Inter-Governmental Task Force Mr David Hanna (Chair) Working Groups to Support the Expert Panel

  6. Issues Paper Feb 08 Call for Submissions Stakeholder Meetings Mar 08 Submissions Due 30 Apr 08 Expert Workshops Apr / May 08 Cutler Report(Green Paper) July 08 out to Sep 08 Government Response(White Paper) Late 08 out to Early 09 Review Schedule

  7. A Role For Web 2.0 • Governments should be open as possible to experiments with Web 2.0 to inculcate a culture of innovation in our public sector • Establish an advisory committee of Web 2.0 practitioners to propose and help steer governments as they experiment with Web 2.0 • Have 5 (partially?) government-funded experiments in 2 years with evaluation within 3 years

  8. The Tax and R&D Tax Concession Working Group • Group dedicated to the review of the R&D Tax Concession scheme including the Tax Offset • Held its inaugural meeting on 18 March 2008 and conducted a series of consultations in May/June • Held broad discussions regarding • R&D Tax Concession's objectives and design features • What is working and what is not working (eg. eligibility of activities) • Innovation in the services industry

  9. Who was on the R&D Tax Working Group? What did it decide? • Dr Terry Cutler (Chair) Principal Cutler & Co • Dr Nicholas Gruen CEO Lateral Economics • Dr Laurie Hammond Director iQ Capital Management • Dr Peter Burn Associate Director, Australian Industry Group • Mr Graeme Davis Department of the Treasury • Recommended a simpler, more valuable R&D tax credit with rich offerings for “small” companies and “foreign-owned” R&D • Inherent biases revealed – biotech/software vs. mining/civil engineering; small vs. large companies

  10. For more information Visit – www.innovation.gov.au/innovationreview Email - innovationreview@innovation.gov.au

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