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Australian Researchers Go for the Gold

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Science  13 Oct 2000:
Vol. 290, Issue 5490, pp. 255-257
DOI: 10.1126/science.290.5490.255

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MELBOURNE, AUSTRALIA-- Academic scientists are hoping that two new reports calling for increased funding of research and education and an improved climate for commercializing new technology will finally boost an R&D budget that has been stagnant since 1996. One report argues for a variety of measures to reduce the country's reliance on such low-tech commodities as agriculture and precious metals and stimulate innovation. The second report, based on an innovation summit held in February, recommends spending $1.4 billion over 5 years on research, facilities, and education.