A different CRC needed for commercialising research

Monday, 10 December, 2001

A study into Australian entrepreneurship has recommended the creation of a Cooperative Development Centre (CDC) Program, modelled on the successful Cooperative Research Centre (CRC) Program, and which would aim at developing expertise in commercialising research output.

The report also recommends the creation of a multi-sector panel to develop guidelines for the formation of a range of micro debt and equity funds, with the aim of stimulating venture development among communities and in sectors that are traditionally deprived of economic and social capital.

The recommendations form part of the Global Entrepreneurship Monitor - Yellow Pages Australia 2001 project carried out by Kevin Hindle and Susan Rushworth of Swinburn University of Technology.

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