Australian innovation policy refers to the plans, strategies and initiatives that are implemented by the Australian government to promote innovation and drive economic growth. The policy aims to encourage entrepreneurship, research and development, investment in technology and development of innovative and creative industries. The policy recognises the importance of innovation in enhancing productivity, creating new jobs, and advancing the quality of life in Australia. The Innovation and Science Australia (ISA) agency, established in 2016, is responsible for advising the government on innovation policy, identifying areas of opportunity and catalyzing innovation across the economy. Through the implementation of innovation policy, the Australian government aims to create a supportive and conducive environment that fosters innovation for all Australians.
This mind map was published on 19 May 2023 and has been viewed 106 times.