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Innovation’s Effect on the Local Economy
January 20th, 2016Innovation, aside from being coined as the blueprint for success by the Turnbull government, can greatly benefit the local economy. Recently, Bloomberg released their US Innovation Index which added proof to the link between education, research and innovation. Out of the fifty states, Massachusetts was crowned the top state for innovation in 2015. Prompting the question, what can Australia learn from the innovative state? Increasingly, it has been noted that firms draw upon their environment to innovate. For instance, research […]
Do Young Australians Need A Digital Culture Change?
January 19th, 2016The young generation, often seen adorned with iPod earphones and the latest smartphone or tablet in tote, have grown up in a world where the Internet has become enmeshed into daily existence. Indeed, there is a sociological portrait of young people as being effortlessly tech savvy. However, a new report reveals that young Australians are less prepared for the digital revolution than comparable countries. The report, Amplifying Human Potential: Education and Skills for the Fourth Industrial Revolution, was based on a […]
How the Cloud Can Accelerate Innovation for Small Companies
January 18th, 2016Undeniably, the Australian economic and political environment has pivoted greatly over the last twelve months. In the transition from a mining-led economy to one which is increasingly driven by technology, Australia’s voyage to be more innovative has led to significant changes in the country. These alterations are sieving down to small business as entrepreneurs adapt their business models for the technology boom. In particular, cloud computing has become one of technology’s hottest topics and small businesses are using cloud software […]
Australia Leading the Way in Robot Innovation
January 15th, 2016From the 1950’s Astro Boy and Iron Man comic illustrations to the more recent Wall-E and Chappie characters that lit up our cinema screens – undeniably, robots have frequently been depicted in works of fiction. However, in 2016 is fiction becoming more of an everyday reality? Indeed, for the past century, innovation in robots, machine and androids has been on an exponential curve. Certainly, 2015 was the tipping point in the global adoption of the Internet, digital medical devices, gene editing, […]
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News & Research
News & Research
News & ResearchMyriota, a satellite communications company working closely with the University of South Australia in 2015, has received funding’s of $15 million dollars with Boeing HorizonX Ventures. Anthony Murfett said that “it demonstrates that businesses of all sizes can make a […]
Research papers find benefits of Government Financial Assist has Positive Impact on Private Finance
A recent report published from the Office of the Chief Economist has found that government assistance (such as that available from the R&D Tax Incentive) has a positive impact on a company’s ability to generate external finance (link to paper: […]
