On 25 January 2021, the NSW Premier,The Honourable Gladys Berejiklian, launched the Turning Ideas into Jobs – Accelerating Research & Development in NSW Action Plan. The Action Plan is the NSW Government response to an unprecedented disruption to the NSW economy, arising from technological advances, natural disasters and a devastating global pandemic, which collectively have put ongoing economic prosperity under pressure.
The response to these challenges seeks to build a more resilient, self-sufficient and innovative state economy. The Action Plan sets out five recommended Priority Actions to foster the state's innovation profile through R&D that is undertaken in universities, institutes and technology businesses. The actions are:
To read more about this initiative, please follow the link to the report Accelerating R&D in NSW: Turning ideas into jobs, which is available from the NSW Department of Premier and Cabinet website.