Campus Review Volume 26. Issue 1 | Page 19

VC’S CORNER campusreview.com.au exercise demonstrated clearly that there is research ranked well above world standard across the Australian university sector. The country has grown a high-performing research enterprise in which excellence has been found to be delivered by young universities across the regions of Australia as well as by the older, well-established institutions across our major cities. Even so, many of us recall the analyses professor Ian Chubb, as our then-chief scientist, carried out that showed while our research citation rate is above the world average, it is below the European average. Now is not the time for complacency or taking our foot off the accelerator, in a world in which research excellence underpins the transition from economies built on traditional industries to ones built on world-class innovation. It also has to be said that in the area of innovation, there is a level of optimism built on the back of December’s National Innovation and Science Agenda (NISA). This could be viewed as surprising, given the appalling statistics around business-university engagement and the low proportion of PhDs Australian businesses employ. It may be that this optimism is simply an expression of sheer relief that, having come so close over the