NHMRC aims to build a healthy Australia through health and medical research. NHMRC’s Corporate Plan 2017-2018 identifies the following strategic priorities to achieve this:
1. Create stronger pathways to capture the economic value of research discoveries
2. Harness the power of new technologies to improve health care.
The first priority in part refers to commercialisation, or the process by which a new product or service is introduced to market. The second priority refers to impact, or the ability to translate research into technologies and policies for improved health care that are not necessarily intended for the marketplace or monetary gain.
Many of the principles underlying successful commercialisation are equally applicable to delivering impact.
Australian researchers have an outstanding track record in health and medical research. They are well-placed to translate their research into products and services that build a healthy Australia and lead in the translation of science globally.
This site aims to provide a resource for researchers interested in gaining a better understanding of the commercialisation process. It explores the language, processes and tools of the innovation and commercialisation pathway, with a view to promoting commercial literacy and assisting researchers to bridge the gap between academia, government and industry.
It will also present examples of Australian researchers who have undertaken successful innovation and commercialisation journeys, providing practical insight into how they navigated this pathway.