Australia has long been seen as failing to fully capitalise on its ground-breaking research. A consultation paper on university research commercialisation is the latest federal government effort to increase the impact of research. Its focus is on creating incentives for industry-university collaboration to translate and commercialise research.
Any government scheme resulting from these consultations might boost the number of such collaborations. Yet our research suggests many of these projects are unlikely to reach their full potential unless academics and their research partners working in industry strengthen their collaborative relationships.