Innovation Review

On 22 January 2008, the Minister for Innovation, Industry, Science and Research, Senator Kim Carr, announced a wide ranging review of Australia's national innovation system to be conducted by an expert panel chaired by Dr Terry Cutler.

The establishment of the review recognises the vital role innovation plays in boosting productivity and international competitiveness, and re-iterates the Rudd Government's commitment to fostering innovation across the economy.

A Green Paper, originally due by the end of July 2008, was released September 9th.

The Report, "Venturous Australia" will now be followed by a White Paper response from the Government, due around December 2008.