Replying to The Australian - Australia’s Brain-Drain is ‘Good for Science’

26 June

Letter to the editor By Julia Page, MD & chief executive of veski

Australia definitely needs to become more comfortable with its talent leaving… and then coming back with their learning as Dr C Glenn Begley suggests (The Australian 24/6) – something the Victorian Government has been supporting and funding for the last 15 years through its not-for-profit organisation known as veski

Brain-drain or not, veski has been inspiring innovation to bring back Australia’s best and brightest in a wide field of science and technology, and collaborating with the state’s universities, including Melbourne and Monash, in a highly successful ongoing program since 2004. 

So successful in fact, it’s been estimated that veski fellows are punching well above their weight in terms of return on the investment of bringing them and their families back to Australia.

For example, veski innovation fellow Professor Mark Dawson, with his ground-breaking cancer research which will pave the way for the development of new drugs, has attracted more than $18 million in research income, representing a return on the veski investment of a factor of 110.

From health to the environment, veski is helping solve some of the world’s biggest issues by continuing to attract globally competitive researchers and innovators, engaging global innovation communities, and building knowledge and capacity through skills, training and education. 

Currently, we have 27 veski innovation fellows, four veski sustainable agriculture fellows, and six veski inspiring women fellows. 

With our reputation for fostering innovation, veski has been instrumental in building Australia’s intellectual capital and innovation capabilities. Through its fellowships, awards and talent attraction programs, veski continues to make an impact in areas including medical technology and pharmaceuticals, ag-tech, new energy technologies, environment, and advanced materials with countless examples of veski fellowships building Australia’s intellectual capital. 

As MD & chief executive of veski I strongly agree there needs to be further funding at a federal level to advance the success of scientific research programs like veski nationally. And as alluded to by Dr Begley we need to encourage corporates to get on board to support funding the return of management expertise to translate the scientific research into commercial outcomes.

Moving forward veski is enthusiastic to work more closely with industry and to compliment the needs of organisations like Dr Begley’s BioCurate. Embracing scientific research and digital disruption across all Australian industries we can develop more fully the work we have already done; delivering meaningful ‘products’ to consumers with the help of high level management skills and ultimately assisting to deliver jobs growth and national prosperity.

Please click here to read the full article from The Australian (24/6). 

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