R&D spend main measure of success for Callaghan Innovation, Goldsmith says

Wed, 07 Jun 2017

By Rebecca Howard June 7 (BusinessDesk) - The government's principal means of evaluating the success of Callaghan Innovation, the agency tasked with accelerating the commercialisation of innovation, is how much businesses are spending on research and development, Science and Innovation Minister Paul Goldsmith told Parliament's education and science select committee. So far, it's falling short of its target. This year's budget included a $373 million increase in spending for science and innovation in a bid to help diversify the economy sup...

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