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ARTICLE · 29 FEBRUARY 2016

2016 – The year of the ideas boom?

The article is a summary of NISA highlights if you are planning more innovative or entrepreneurial resolutions for 2016.

AustraliaStrategy

Will 2016 be the start of an intellectual property lawyer's wildest fantasy? Will it be the year of ideas or even herald in a boom more perpetual than any mining, mineral or other commodity boom could ever be? Yes, we are talking an ideas boom! And so is the Federal Government in its National Innovation and Science Agenda many measures of which will be rolled out progressively from mid-2016. So, what's in store for this potential year of the ideas boom? In this post, we provide you with a summary of the highlights should you be planning more innovative or entrepreneurial resolutions for the New Year.

What's on the agenda?

The National Innovation and Science Agenda ('NISA' or 'the Agenda'), launched late last year (7 December 2015), comprises a range of Commonwealth government initiatives worth $1.1 billion over four years. The aim of the Agenda is to stimulate economic growth in key sectors of the Australian economy identified with research and development

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