Innovation

New CSIRO research finds that every $1 spent on R&D in Australia delivers $3.50 in benefits

- November 23, 2021 3 MIN READ

Each dollar invested in research and development (R&D) would earn an average of A$3.50 in economy-wide benefits for Australia, according to evidence compiled in a new report from CSIRO. Many Australians know research and development drives economic growth and improves our well-being and prosperity. However, few could describe the size of the relationship between Australia’s… Read more »