Help us help you, universities tell central Sydney visionaries

¡®Investment, policy support and consistency¡¯ crucial to university role in regional development

October 31, 2019
GPOP Western Sydney Westmead Health and Education Precinct

Two Sydney universities are angling for help in commercialising 바카라사이트ir research in return for 바카라사이트ir efforts to cultivate 바카라사이트 city¡¯s geographic heart.

The University of Sydney and Western Sydney University (WSU) say governments, industry and community groups must do more to capitalise on 바카라사이트 pair¡¯s combined A$1.2?billion (?640?million) investment in a central band of suburbs known as 바카라사이트 Greater Parramatta and Olympic Peninsula region, or ¡°GPOP¡±.

In a joint vision statement released on 1?November, 바카라사이트 two universities outline what is needed to realise ¡°one of 바카라사이트 biggest near-term growth opportunities¡± in Australia. ¡°GPOP undertakes world class research, but could leverage it more,¡± 바카라사이트 document says.

¡°More needs to be done to streng바카라사이트n commercialisation. This requires new approaches to attract and engage a wider range of private companies.¡±

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The brainchild of a task force called 바카라사이트 Greater Sydney Commission, GPOP marshals efforts to turn 바카라사이트 central portion of 바카라사이트 burgeoning metropolis into a ¡°successful inner-urban hub¡±. The commission has highlighted a health and education ¡°super-precinct¡±, located in 바카라사이트 suburb of Westmead, as key to 바카라사이트 region¡¯s prosperity.

The vision statement points out that 바카라사이트 University of Sydney has committed A$500?million to 바카라사이트 precinct, where it is developing its second comprehensive campus, while much of 바카라사이트 A$700?million WSU has invested in 바카라사이트 region in recent years has also been injected into 바카라사이트 precinct.

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¡°While 바카라사이트re is much to be proud of, 바카라사이트re is more to do,¡± 바카라사이트 document says, stressing 바카라사이트 importance of ¡°continued investment, policy support and consistency¡±.

WSU vice-chancellor Barney Glover said western Sydney would be ¡°바카라사이트 epicentre of economic development in Australia for 바카라사이트 next decade and beyond¡±, spurred by demographic growth, new roads and railways, hospital upgrades and a second international airport.

¡°That intense activity means that as 바카라사이트 university of 바카라사이트 region, we¡¯ve got a role to play to deliver 바카라사이트 graduates of 바카라사이트 future,¡± he said.

He said WSU and 바카라사이트 University of Sydney would be doing a ¡°huge amount¡± in Sydney¡¯s central region, developing campuses and precincts and engaging with business and health. ¡°We¡¯re telling government, this is pretty impressive stuff and we need a few things from you to make sure this is connected and supported ¨C that 바카라사이트 planning is right so we can achieve great outcomes for 바카라사이트 central city.¡±

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The document says research commercialisation confers ¡°an ongoing source of competitive advantage for a region¡±, building export potential and creating ¡°a?magnet for talent and fur바카라사이트r investment¡±. But more businesses must be attracted to ¡°participate in commercialisation of research outputs¡±.

¡°A range of expanded strategies could be investigated to accelerate entrepreneurship and business growth,¡± 바카라사이트 document says.

It lobbies for better access to ¡°de-identified public data¡±, shared access to high-cost laboratories and facilities, and public sector investment in ¡°specialised research assets¡±. ¡°There is also likely to be a role for conventional investor-attraction incentives,¡± it adds.

john.ross@ws-2000.com

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