General Information

Should Australia Collaborate with Israel to Push Innovation?

November 3rd, 2015

With a population of 8.4 million people, Israel has over 3,000 start-ups and attracts more venture capital per person than any other country in the world. Made famous by the worldwide bestselling book Start-up Nation, Israel’s start-up culture is indeed among the world’s most effervescent. In fact, Israel boasts twice as many start-ups as Australia with a third of the population – hence, what could we learn from the ‘start-up nation’? Assistant Minister for Innovation Wyatt Roy is currently touring Israel to […]

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Is Australia’s Approach to Collaboration What Needs Changing?

November 2nd, 2015

A little known fact is that Australians make up less than 0.3% of the world’s population but we account for over 3% of the world’s scientific research output. Certainly, as described in our previous post, Australia has contributed to several ‘world first’ innovations and has a dynamic invention ecosystem. However, the problem Australia faces is converting innovation into tangible businesses. Ultimately, Australia is at a crucial point, we have a sizable track record in invention and research, and there is $2 […]

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Australia’s Voyage for Innovation, Passport Optional

October 30th, 2015

From creating Vegemite and bionic hearing aids to commercialising penicillin and the first notebook, Australia’s past is rich with creations of ‘world firsts’. Now, Australia is looking at being the first in the world to trial passport-less travel. However, is this actually a notable idea or just a bold response to Australia’s publicised lack of innovation? Certainly, Australia has been under fire lately for stalling in innovation and the Turnbull government has stressed the need for an innovative culture shift. […]

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Are R&D Tax Breaks for University-Business Partnerships the Key to Australia’s Innovation Agenda?

October 29th, 2015

Universities offer a huge potential in shifting the Australian landscape to be more innovative, however, they are currently debilitated by under-funding of research by the government. The value of stock of knowledge generated by university research was estimated at $160 billion in 2014, equivalent to almost 10 per cent of GDP and exceeds the entire value of Australia’s mining industry. However, is that research being converted to commercialised ideas? With Australia embarking on a dramatic transformation, universities could be a […]

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