International collaboration is scant for "innovation active businesses", according to a report by Deloitte for the Business Council of Australia.In many developed markets active businesses devote half or more of their innovation budgets to offshore uses."Australian businesses appear to rarely collaborate across borders, with only 1.6 per cent of Australian R&D financed [from] overseas," Deloitte said, using INSEAD data.The report writers still managed a positive tone, for instance on lending themes."Traditional sources of capital - banks, investors and financial institutions - will remain important in the modern age," the report said."The relaxing of barriers means that organisations can now feasibly access capital from institutions overseas. "Flows of information mean that lenders and investors can more accurately assess opportunities. "This should enable more appropriately priced funding according to risk. "Investing in, lending to, or otherwise supporting innovations externally to the organisation can help to deliver the benefits of innovation without all of the risks," Deloitte said.The authors also praised "incubators - specialist areas within organisations with their own resources, methods and a financial mandate to develop innovations in the service of the broader organisation [which] are becoming increasingly active and sophisticated in their approaches."