This case examines the problem of investment in basic research as a public good. CSIRO Australia was the leading science and research institutions, and it was chartered to improve national welfare through R & D. Its flagship program has been designed to align the interests of research with national priorities, with strong emphasis on the adoption of research results. Light Metals Flagship (LMF) was one of six champions established in 2003, and its purpose was to help the country to capture more of the value added of its resources through the development and commercialization of future technologies in the processing and manufacturing of products from aluminum, magnesium and titanium. While LMF met with technical success, the Australian industry has been reticent to co-invest. This industry is a lack of enthusiasm in many ways surprising, because governments often important to finance long-term basic research, which was beyond the horizon of firms. But what signal will stop the program to send? Was prepared by CSIRO, to short-term thinking in the light metals firms conduct their agenda? The case is considered the technical decision-making. "Hide
by Willy Shih, Margaret Pearson, Dawn Lau Source: Harvard Business School 23 pages. Publication Date: November 1, 2012. Prod. #: 613029-PDF-ENG
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