Innovation agenda to be released

Details of the federal government's innovation agenda, expected to include tax-breaks, will be finally unveiled next week.

Prime Minister Malcolm Turnbull and Innovation Minister Christopher Pyne will announce the national innovation and science agenda on Monday.

It's expected to include significant tax changes to help support start-ups and a shake-up of corporate laws to encourage businesses.

Mr Pyne has previously said the agenda would also address the raising of capital, the commercialisation of research and work to bring talent back to Australia, citing the presence of 20,000 Australians in Silicon Valley.