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When pushing a view as to what creates national innovation the recipe varies greatly from one expert to another, however, among the consistent components remains the need and benefit of World Class research universities. Vicki Thomson, executive director of the Australian Technology Network of Universities in Australia was recently published in the Australian Financial Review, “Universities unsung heroes of growth” (5 November 2012) stating the economic benefits delivered by universities and the role they play in our economic growth, including commercialisation of new technologies and entrepreneurial projects.

At Elcano Capital we recognise the role universities can and should play in the development of ‘early stage’ businesses, not just new technologies. It is because we believe this role to be so invaluable that we forged the Research Relationship with Bond University, even at a time when we are not actively making investments or working with investees.

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