Australia may generate world-leading agricultural research, but it is world-lagging when it comes to commercialising its ideas and innovations.
Australian innovations captured less than one percent of the boom in global investment that flowed into the agri-tech sector in 2015, as the inaugural 400m Ag Innovate forum in Toowoomba was told last week.
What is holding us back? ‘Small population’ syndrome is partly to blame, believes one industry expert.
Image: Venture capitalist Andrew Kelly from BioPacific Partners addresses the 400M Ag Innovation forum in Toowoomba. Picture: University of Southern Queensland Photography.
