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In the commercial context, research and development, or R&D, is a strategic choice made by a business in the pursuit of competitive advantage. But what does this for governments funded R&D? Should society expect an immediate return on investment in the same way?

On this episode of Think Business Futures, we turn the tables on our co-host Nicole Sutton, to ask why a society would choose to fund R&D with taxpayer money.

Further Reading:

  • You can read more about the CSIRO’s early history here
  • David Thodey (@davidthodey) is the current chair of the Commonwealth Scientific and Industrial Research Organisation or CSIRO

David Thodey AO delivered the 20th Manning Clark lecture at the Australian National University in Canberra on 12 March 2019 inside the new Manning Clark Hall. Read the full article here