At Eon Labs we believe in empowering Australian researchers to help them capture the tremendous potential our scientific achievements can provide.
Eon is championing a new funding system and research culture designed to help ambitious innovators to drive their discoveries beyond the lab.
DID YOU KNOW
LOST IN TRANSLATION
Australia is one of the world's leaders in research output per capita, yet we underperform our global peers when it comes to translating fundamental discoveries into tangible outcomes. Essentially, we are missing out on the benefits that our strong scientific foundation could provide.
2018 Global Innovation Index
PUBLISH OR PERISH
A researcher's output of academic publications is a key factor used to determine whether they should receive funding, and keep their job. This pressures researchers to publish work early and often, and sacrificing opportunities to progress projects toward real-world outcomes.
Australian public research funding is extremely competitive, with success rates averaging only 15 %. Every year, Australian researchers collectively dedicate over 5 centuries of their working lives to prepare applications that ultimately provide no benefit to the community.
Herbet et. al. Nature 495, p. 314
HOW EON CAN HELP
Eon Labs has been established to forge new pathways that enable Australian researchers to progress from publications to products.
With the help of the government, corporate sponsors and philanthropists we have been building a fund that will support research translation across Australia. Meanwhile, we are working with universities and research institutions to ensure researchers can access the intellectual property they generate, and tap into the networks and training pathways they need to see their ideas grow to fruition.
The path from discovery to deliverables requires dedicated support across the divide between academic grants and private investment. Eon is establishing a fund to fill the gaps that have held back translation efforts in the past.
Science commercialisation requires a diverse skill-set. Eon Labs encourage our researcher leaders to build on their technical knowledge with practical business skills through training at partner organisations and business incubators.
The people who know how to best utilise their funding are the researchers themselves. We provide support in a manner that maximises their discretion to make the most of every dollar, and offer business training programs to ensure they have the skills to do so.
Converting discoveries to technology is the road less travelled for Australian researchers. We are connecting our leaders with mentors and role models who have made this journey, to build a culture in which translation is the norm, not the exception.
We believe in minimising the barriers that separate scientists from the intellectual property they generate. We advocate for ready IP-access for all our leaders. We pursue opportunities for commercialisation and technology licensing on every project.
THE NETWORK EFFECT
Eon Labs understands the value of partnerships, especially those that reach beyond traditional boundaries. Eon Labs welcomes partnerships with academic institutions, corporations and government to open new doors and maximise the value of our research.
Eon believes research and innovation can shape our world. We seek to create an environment that inspires and empowers researchers to tackle big problems and bring their discoveries to life.
Eon believes complex problems are best solved collaboratively. We bring together researchers, businesses, government and our community to solve problems that matter to us all, and make it a priority to celebrate the community that supports us.
Eon believes that innovation is born from purpose, creativity and drive. We support ambitious project leaders who challenge convention and are motivated by a vision for our future.
Eon believes that being entrusted to shape our future carries a responsibility to work for the common good. We seek leaders who are guided by principles not practices. At every stage we approach our work with ethics, integrity and transparency, and we expect all our partners to do the same.
Eon believes we are building a legacy through innovation. We aspire to make impact, sustainability and self-sufficiency a part of everything we do, because we want our grandchildren to be as proud of our achievements as we are.