Biotechnology Research Roadmap - Science and Innovation
Biotechnology Research Roadmap - Science and Innovation
Biotechnology Research Roadmap - Science and Innovation
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Short term actions:<br />
<strong>Research</strong> funding <strong>and</strong> investment agencies to:<br />
set biomedical <strong>and</strong> drug development research priorities on internationally competitive research excellence.<br />
focus later- stage research investments on research that builds on strong international links.<br />
work on building collaborative partnerships within New Zeal<strong>and</strong> that cover the entire basic-to-market<br />
application spectrum.<br />
Direction 5<br />
The government will work to improve research funding processes to progress biotechnology research more<br />
smoothly along the pathway to commercialisation.<br />
The long lead times to development with<br />
biotechnology related products require long-term<br />
research investments. The government has important<br />
roles to play supporting research commercialisation<br />
activities in partnership with industry to grow the<br />
biotechnology industry in New Zeal<strong>and</strong>. This includes<br />
the provision of funding to progress biotechnology<br />
research that can be commercially used from basicto-applied-to-prototype<br />
development <strong>and</strong> addressing<br />
any funding gaps that are inhibiting the progression<br />
of biotechnology research to achieve commercial<br />
outcomes.<br />
The establishment of the Pre-seed Accelerator Fund<br />
(PSAF) has begun to fill what was a particularly<br />
important funding gap for the biotechnology industry<br />
in New Zeal<strong>and</strong>. Preliminary reviews of this funding<br />
scheme indicate that nearly 40% of projects funded<br />
to date have a basis in biotechnology research. The<br />
government has scheduled an evaluation of the<br />
PSAF scheme for completion by 2008-09. This<br />
evaluation will identify any aspects of the scheme’s<br />
implementation which require further improvement.<br />
The need remains, however, to improve continuity of<br />
funding between funding portfolios <strong>and</strong> instruments<br />
<strong>and</strong> to improve inter-agency alignment between<br />
funding agencies which support complimentary<br />
research commercialisation activities. For example,<br />
recent evaluations indicate that there is degree of<br />
confusion amongst the research community, <strong>and</strong><br />
overlap between the outcomes that are being sought<br />
from both the NERF <strong>and</strong> RFI output classes within<br />
Vote RS&T. There is scope for further RS&T system<br />
policy work to investigate options for improving<br />
these issues.<br />
There is also scope for future improvements both<br />
between <strong>and</strong> within research funding agencies to<br />
streamline the progression of research to achieve<br />
commercial outcomes. This needs to be coupled with<br />
the appropriate review mechanisms to filter quality to<br />
ensure that the research with the greatest likelihood<br />
of commercial application is supported. This work<br />
has already started. For example, FRST recently<br />
introduced systematic review processes to manage<br />
their research investments, in terms of assessing their<br />
scientific quality, working out their fit with national<br />
priorities, <strong>and</strong> assessing their delivery of outcomes<br />
to date. One area identified which requires further<br />
consideration in the short-term is whether health<br />
biotechnology research funding processes are well<br />
aligned between the HRC <strong>and</strong> FRST as projects move<br />
towards commercialisation.<br />
Work is also underway more broadly to identify<br />
where greater coordination <strong>and</strong> alignment is required<br />
between the government agencies that support<br />
research commercialisation <strong>and</strong> business support<br />
for firms. This includes work to develop coordinated<br />
<strong>and</strong> seamless delivery between operational funding<br />
agencies to improve the performance of existing<br />
funding mechanisms which support business R&D.<br />
Short term actions:<br />
MoRST to evaluate the implementation of the Pre-Seed Accelerator Fund by 2008-09.<br />
MoRST to continue to work on RS&T system policy settings to ensure that Vote RS&T is structured to<br />
maximise commercial outcomes from research.<br />
MoRST to work with research funding <strong>and</strong> investment agencies to develop improved internal <strong>and</strong><br />
cross-agency funding processes to further streamline the progress of biotechnology research ideas towards<br />
commercialisation.<br />
56 <strong>Roadmap</strong>s for <strong>Science</strong> : biotechnology research