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Title

The paradox of public science and global business: CSIRO, commercialisation and the national system of innovation in Australia

Author(s)

Thompson, Lyndal-Joy;  Gilding, Michael;  Spurling, Thomas H.;  Simpson, Greg;  Elsum, Ian R.

Abstract

This article describes three case studies of the commercialisation of early-stage technologies involving CSIRO; extended-wear contact lenses, biostable biocompatible polymers for medical implant devices, and biodegradable biocompatible polymers for medical implant devices. The case studies extend the portfolio of detailed, highly contextualised studies of innovation in the Australian context. They also provide a window into CSIRO, commercialisation pathways and the national system of innovation in Australia. In particular, they highlight the paradox of public science and global business in the Australian context. The paradox is that global business depends upon public science for innovation more than ever, but makes it increasingly difficult for countries to capture the benefits of public science. It adds major complexity to the successful realisation of a more commercial approach by Australia's public research organisations such as CSIRO, and the capture of benefits from the national system of innovation.

Publication type

Journal article

Research centre

Swinburne University of Technology

Source

Innovation: Management, Policy and Practice, Vol. 13, no. 3 (Dec 2011), pp. 327-340

Publication year

2011

FOR Code(s)

1402 Applied Economics;  1503 Business and Management

Keyword(s)

Australia;  Commercialisation;  Commonwealth Scientific and Industrial Research Organisation;  CSIRO;  Innovation;  National system of innovation;  Public science;  Research commercialisation

Publisher

eContent Management

ISSN

1447-9338

Publisher URL

http://pubs.e-contentmanagement.com/loi/impp

Copyright

Copyright © 2011 eContent Management. The published version is reproduced in accordance with the copyright policy of the publisher.

Additional information

This project was supported by the CSIRO Future Manufacturing Flagship Collaboration Fund.

Full text

Peer reviewed