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Queensland Life Sciences Industry Report 2012 (PDF, 3.5MB)

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<strong>Queensland</strong> <strong>Life</strong> <strong>Sciences</strong> <strong>Industry</strong> <strong>Report</strong> <strong>2012</strong><br />

60<br />

Figure 28: Major risk or challenge facing QLS organisations (111 respondents)<br />

Access to sufficient capital for growth or market entry<br />

was the highest risk or challenge for companies (94<br />

respondents). Research organisations (17 respondents)<br />

nominated access to R&D funding as their highest risk or<br />

challenge (Figure 28).<br />

9.3 Feedback on Government Engagement with<br />

the <strong>Industry</strong><br />

Participants in the survey provided feedback on initiatives<br />

of the <strong>Queensland</strong> Government and made suggestions<br />

on areas for Government intervention to support industry<br />

growth into the future.<br />

Approximately 42% of companies (69) and 70% of<br />

research organisations (10) were positive about the<br />

level of engagement between the <strong>Queensland</strong> Government,<br />

typically DSITIA (referred to by its previous name ‘DEEDI’,<br />

by respondents) and the industry. 35% of companies<br />

and 20% of research organisations offered some critical<br />

comment. The remainder were neutral.<br />

A selection of comments that captured the essence of<br />

participant responses are provided below.<br />

Comments (Direct quotes — some quotes may have been<br />

truncated/edited for clarity):<br />

Very much so — they do a great job with limited resources/<br />

guidelines/capacities.<br />

It is my impression that over the past three years the<br />

department is less interested in supporting biotechnology<br />

developments.<br />

Yes, but DEEDI could do more to engage with industry. A lot<br />

of resources have been directed to universities and research<br />

institutes. SMEs have struggled and many have closed.<br />

Generally very pleased that DEEDI is interested and<br />

providing some tangible support to this industry sector.<br />

In the future [we would] suggest less money spent on<br />

research and more money spent on genuine development.<br />

The DEEDI and DERM [<strong>Queensland</strong> Department of<br />

Environment and Resource Management] direct support<br />

is critical to our future to continue to deliver the community<br />

and industry benefits of R&D.<br />

More can be done to provide skilled staff and programs<br />

to encourage engagement of industry with higher education<br />

in healthcare sector. The healthcare industry base in<br />

<strong>Queensland</strong> is mainly complementary medicines and devices<br />

not drugs or biotech. These industries employ many more<br />

staff. Programs to encourage the development of SMEs in<br />

the space have generally failed, but programs to support<br />

larger players to employ more people seem<br />

to be lacking.<br />

Funding for research is limited, commercialisation<br />

mentoring is limited.<br />

Yes, we would always be happy for the Department and<br />

government to provide more direct support however I think<br />

both should be proud of their support and encouragement<br />

of the industry.<br />

Yes, with the level of industry involvement; No, with the level<br />

of involvement with individual companies.<br />

No. DEEDI could be more proactive in building links with<br />

new businesses rather than simply posting programs onto<br />

websites and expecting that new business owners will have<br />

the time, inclination and technical ability to access the<br />

information.<br />

Yes, the Department’s Smart Futures Funding and other<br />

schemes such as NIRAP have been vital in providing<br />

Fellowships for early and mid-career researchers,<br />

developing industry alliances and funding NCRIS facilities<br />

and their support staff.

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