SYDNEY, AUSTRALIA
More than 30 years ago, Keith Lurie, an American researcher in the field of cardiopulmonary resuscitation (CPR), heard a strange story. One of his patients had suffered an apparent heart attack while at home. The strange part was he was revived by his son using, of all things, a toilet plunger to compress his father鈥檚 chest.
Clever collaborations between Australia鈥檚 universities and businesses return almost $4.50 on average to companies for each dollar they invest.
Universities have urged Australian businesses to take a fresh look at how university research can help drive productivity to stimulate economic, jobs and wages growth.
Australian business has strongly backed Australian immigration policies that enable international students to study here 鈥 injecting $32 billion a year into Australia鈥檚 economy.
The number of Australian businesses who intend to boost their links 鈥 or forge new ones 鈥 with universities has grown in the past two years, a report by the Australian Industry Group has found.
Last August, the Australian Bureau of Statistics published statistics that should be sounding alarm bells in Australia鈥檚 boardrooms and corridors of power.
Government and business must re-invest in research and development or we risk future prosperity and falling further behind our international competitors.
Universities will today make a bold bid for more companies to partner with them on everything from research and business innovation through to snapping up the best graduate talent.
