The Office of the Lead Scientist aligns and connects Victoria’s innovation ecosystem, working across businesses, the research sector and governments to foster linkages that benefit the Victorian economy and community.
Commencing 20 years ago, successive Victorian Governments have made a series of strategic investments in science, technology, and innovation, with a strong focus on the health and medical research sector. Systematic investment in research infrastructure, skills, talent attraction and the use of contestable funding to catalyse industry-led innovation has helped Victoria’s position as a globally recognised leader in health and medical research and biotechnology.
Victoria has built a thriving, globally competitive innovation sector through sustained investment in science and research infrastructure, skills and product development and commercialisation capabilities. The following reports build the evidence base to inform future investments in the sector.
Stimulating the Science and Research Ecosystem Creates Jobs and Investment (the ACOLA Report)
The ACOLA Report finds that stimulation of Victoria’s through the Science, Technology and Innovation (STI) initiative (2000-2010) has contributed to the Victorian economy through the direct and indirect creation of jobs, attraction of further investments, support of local SMEs and startups through technology and knowledge transfer, and creation of new linkages with the services sectors that support them.
Creating a Healthy Future: The impact of Victorian Government investment in health and medical research
The report builds on previous economic evaluations of Victoria’s systematic investment in the medical research and biotechnology system, presenting the impact of these investments and fills an important evidence-gap on the value of Victorian Government investment in health and medical research. The report includes eleven case studies highlighting, the breadth and impact of Victorian Government investments during the ‘experimental period’.
Page last updated: 20 October 2021