New South Wales Vice-Chancellors’ Committee statement 27 April

The New South Wales Vice-Chancellors' Committee (NSWVCC)

Sydney, 27 April 2022 NSW Innovation and Productivity Scorecard The New South Wales Vice-Chancellors’ Committee (NSWVCC), the peak body for universities in NSW and the ACT, has welcomed the publication of the NSW Innovation and Productivity Council’s 2022 NSW Innovation and Productivity Scorecard. Convener of the NSWVCC and IPC co-champion of the Scorecard, Professor Barney Glover AO, said the IPC’s Scorecard is an important indicator of NSW’s performance across a broad range of innovation and productivity metrics against comparable economies. Professor Glover encouraged readers to consider the data released in the Scorecard for informing good advice and good decisions. “The IPC’s ongoing publication of these unique reports is critical for informing our understanding of the connections between government, the higher education sector and industry. Additionally, understanding our placing with respect to comparable economies also tells us where we are leading the world and where improvements can be made.” Professor Glover highlighted the strengthening results for NSW on Global Top 200 universities, researchers at the top of their fields, and top-cited papers, each strengthening since the last Scorecard in 2019. “These strengthening results are to be celebrated. But the 2022 Scorecard shows university-industry collaboration must continue to be a priority for focus. Universities are committed to working closely with government and industry to utilise and translate our collective research strengths to achieve real impact for the communities we serve. The Scorecard illustrates that there is more work to do.” Minister for Science, Innovation and Technology Alister Henskens said the Scorecard is an important way of understanding NSW’s economic performance and areas where we can improve. “The Scorecard shows NSW has the largest share of start-ups and spinouts from Australian universities and research institutions and our growing venture capital investor presence is indicative of a globally competitive economy,” Mr Henskens said. “We are unashamedly benchmarking ourselves against the heavy hitters of the global economy and it’s clear that NSW’s human capital stands up against the best.” F

/Public Release.