UNSW has welcomed the launch of a $50 million investment fund to help bring to market the innovative research and technologies developed at Australian universities.
In what is being hailed by Chinese media as a “breakthrough” for collaboration with Chinese industry, UNSW has forged two separate deals focused on technology transfer and research commercialisation.
In a first for Australia, UNSW will offer most of its intellectual property to companies for free, in a radical step to turn more university research into real-world applications.
Australia could be a world leader in medical innovation but risk aversion and parochialism are holding the industry back, a leading venture capitalist will argue at a public debate at the UNSW next week.
