Much continues to be said about all the opportunities from commercialising the excellent basic research being done at our universities and CSIRO. A key problem is that we have few companies who can handle long term research commercialisation and we have limited management skills and venture capital to commercialise via a start-up. Doing long term deals with multinationals may be a way to go eg Univ of Qld has deals with Dow and Siemens Health Care.

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