The Univeristy of Melbourne The Royal Melbourne Hopspital

A joint venture between The University of Melbourne and The Royal Melbourne Hospital

Mission-driven approach

Academic research plays a crucial role in discovering and expanding ideas, but pressures limit progress. The “publish or perish” mentality that encourages low-risk research, preferencing incremental progress and profitability over critical breakthroughs, stifles innovation.

That’s why we take a mission-driven approach:

  • Long-term funding: We commit to long-term funding to support the best talent to focus on what matters most and make transformative impact.
  • Global connectivity: We invest in multidisciplinary teams, bringing together scientists with diverse expertise from across the globe.
  • Risk tolerance: We adopt a higher risk tolerance than most, allowing for some failures along the way. Approximately 20% of our funding will be dedicated to “blue sky research” without an immediate, obvious application, but may lead to important discoveries.