Australia’s Future in Research and Innovation—2016 Parliamentary Committee
Submission Overview
The ECA is encouraged to see the current Australian Government elevating the importance of innovation to the Australian economy. Our prosperity as nation will result from an economy focused on innovation and productivity. The ECA believes research and innovation can play an important role in overcoming Australia’s geographic, economic and labour challenges.Australia is seen internationally as an innovation leader; our innovation input (such as research and human capital) was ranked 10th in the 2014 Global Innovation Index, while we ranked 22nd in innovation output. Australia’s Innovation efficiency ratio ranking however, sits at 81st— indicating that we are not fulfilling our innovation potential.
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Ed Serrano
Managing Director,
VEKTA Advanced Automation
Member of the ECA
"In 2014 Vekta Automation became involved in the Export Awards and started to get a better understanding about the role of the Export Council of Australia.
After attending a seminar in Perth in February 2019 the decision was instantly made and we signed up the next day. A decision we should have made 5
years earlier. For Vekta, the information, expertise and networking opportunities that the ECA provides has been valuable. It is reassuring knowing
that there are experienced and knowledgeable people we can turn to when advice is needed."
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Established in 1970, Mavlab Animal Health Pty Ltd is a Queensland based, family-owned, GMP licenced manufacturer of veterinary pharmaceuticals and pet care products. Mavlab has an extensive range of prescription and over the counter
products sold in a growing number of global markets. Contract manufacturing opportunities are also available.