NSW Innovation and Productivity Council
The New South Wales Innovation and Productivity Council (IPC) was established by the Innovation and Productivity Council Act 1996. It advises the NSW Government on priorities for innovation-led economic development and productivity. A key aim is to support innovation in business, government, and the education and research sectors in order to stimulate productivity for the broader NSW economy.
IPC members are leaders from industry, education and research sectors. Members are appointed for three-year terms, bringing a rich and diverse range of experience and expertise to the work of the IPC.
The current council was appointed in 2020 and is chaired by Neville Stevens AO, a former Secretary of the Department of Industry and the Department of Communications, Information Technology and the Arts, Canberra.
Role and function
The IPC’s objective is to assist in the creation of jobs, investment, exports and interstate trade by raising the level of innovative activity in NSW. The IPC’s role in achieving this is to:
- investigate issues relevant to the promotion of innovation that increases productivity and employment opportunities
- facilitate the flow of information and ideas between the government, industry and the research community; and
- advise on proposed programs and government initiatives that promote public and private sector innovation and increase productivity and employment opportunities.
The IPC undertakes research projects to inform its advice to NSW Government. Since August 2018, the IPC’s Innovation Economy research series has delivered a number of reports highlighting trends in innovation to guide policy direction and program development in NSW.
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