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The Benefits of Innovation Altruism…

February 2nd, 2016

Altruism, or selflessness, is the principle or practice of unselfish concern for or the devotion to the welfare of others. Within the context of innovation, a selfless orientation in a nation can positively impact the broader global innovation system. In this regard, however, Australia seemingly has a way to go to attain recognition as a highly innovative country compared to its counterparts around the globe. To expand on this, Australia ranks 22nd in how its domestic policies support worldwide innovation, […]

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Should Australia Focus on Collaboration or Competition to Boost Innovation? 

February 1st, 2016

Certainly, one of the cornerstones of an open innovative environment is the ability to collaborate. As innovation processes become increasingly cooperative, new relationships among players in the innovation space emerge. However, what role does competition have in stimulating and facilitating innovation, if any? Whilst some may believe competition is the polar opposite of collaboration, the interplay between the two can in fact enhance innovation. Philip Dalidakis, who was promoted in mid-2015 to Victoria’s innovation minster, has become somewhat infamous for […]

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Australian Researchers Create Humidity-Resistant Solar Weatherproofing

January 27th, 2016

Indeed, summer is well and truly upon us when the metal of a seatbelt brands you or the concept of dreadlocks, as an attempt to control humidity hair frizz, is becoming increasingly appealing.  Undeniably, summer in Australia is notoriously hot, humid, and wet – or all three at once. Certainly, we’ve been taught since we were young to not underestimate the concept of humidity: it can make a warm day feel much hotter and is almost a trademark weather forecast for […]

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JLSP and Innovation Australia [2016] AATA 23

January 27th, 2016

In the case of JLSP v Innovation Australia [2016] AATA 23 the Administrative Appeals Tribunal (AAT) considered whether particular activities conducted by the applicant are “core R&D activities” within s 355-25(1) of the Income Tax Assessment Act 1997 (the ITAA 1997). Specifically, the matter sought to assess whether a clinical trial carried out in accordance with a contractual agreement was conducted for the purpose of generating new knowledge. Background The applicant company is an Australian-based entity in an international corporate […]

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