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Backing Australia's Ability
Backing Australia's Ability (BAA) was a five-year innovation plan launched by the Howard Government in January 2001. Previous policy Previous policies for this group of portfolios under the Howard Government were: * ''Investing for Growth'', December 199() increased support for business innovation by providing $1.26 billion over the four years from 1998–99, including additional funding for R&D grants, venture capital and technology diffusion. * ''Knowledge and Innovation'', December 199announced a new policy and funding framework for higher education research and research training. Science and Innovation Committee The Science and Innovation Committee (SIC), originally known as the Ministerial Committee to Oversight Implementation of Backing Australia's Ability (MCOIBAA), is a sub-committee of Cabinet (government), Cabinet established as part of the initiative to oversee the implementation of Backing Australia's Ability. It is composed of: * Prime Minister of Australia, cha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Innovation
Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity realizing or redistributing value". Others have different definitions; a common element in the definitions is a focus on newness, improvement, and spread of ideas or technologies. Innovation often takes place through the development of more-effective products, processes, services, technologies, art works or business models that innovators make available to markets, governments and society. Innovation is related to, but not the same as, invention: innovation is more apt to involve the practical implementation of an invention (i.e. new / improved ability) to make a meaningful impact in a market or society, and not all innovations require a new invention. Technical innovation often manifests itself via the engineering process when the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
