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Australia: The Early Adopters Who Are Facing the Innovation Valley of Death
November 26th, 2015The valley of death, whilst the expression may spur images of dystopian lowland, the meaning is far less sinister – nonetheless, bridging it can be a nightmare. For those who are unaware, the commercialisation of innovation is often caricatured as the melancholic term, ‘the valley of death’. In relation to this, the 2015 Australian Innovation System Report, released today by the Department of Industry, Innovation and Science, stated that Australia is exceptional when it comes to research, but the nation […]
Are Australia’s Capital-Disciplined Start-Ups a New Niche?
November 24th, 2015From ravenous sharks and fanged snakes to fractious crocodiles and deadly spiders – there is no denying Australian’s enjoy the odd boast about how lethal our animals are and just how tough we are as a nation. However, could this underlying imperturbable attitude embodied in our culture work in Australia’s favour as we move towards a more innovative society? It has been approximately two months since Malcom Turnbull rose to the top position as prime minister and instantaneously proclaimed his […]
Why Australia Shouldn’t Be a ‘Silicon Valley’, But Rather a ‘Silicon Nation’
November 11th, 2015The Sydney Harbour, or coined the soon-to-be “Silicon Harbour”, is anticipated by several to be the natural home for this Australia’s first digital district. However, Sarah Pearson, Chief Executive of the CBR Innovation Network, is confident Canberra could become the hub for start-ups in Australia. Pearson, who recently returned from a trip to Israel led by Assistant Minister for Innovation Wyatt Roy, believes that Canberra’s large universities, well-educated population, the CSIRO, and government and military concentration made it the perfect […]
2015 Discussion Paper: Innovation in Australia, Building a Prosperous Future Through Innovation
November 9th, 2015Swanson Reed, in partnership with Wrays, have just released our 2015 discussion paper titled, Innovation in Australia Building a Prosperous Future Through Innovation. The paper is based on four innovation café workshops held by Swanson Reed and Wrays in Brisbane, Sydney, Melbourne and Perth in July and August 2015. Key findings in the paper reveal that to become an innovation fuelled economy and sustain a prosperous future for Australia, three interrelated sub-structures, or ‘pillars’, need to be aligned; culture, commercialisation and productivity. The paper gains insight […]
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News & Research
News & Research
News & ResearchReports Industry Minister Is Considering Changes To The Administration Of The R&D Tax Incentive
InnovationAus.com has reported that Industry Minister Karen Andrews is investigating potential changes to the administration of the R&D Tax Incentive to give companies greater certainty about their claims. The report of potential changes has come following recent comments by Small Business […]
Tax Commissioner Comments On R&D Tax Incentive Compliance Difficulties
During a presentation to the Council of Small Business Organisations of Australia National Small Business Summit, tax commissioner Chris Jordan has commented that there is a structural problem with the operation of the R&D Tax Incentive, particularly surrounding the self […]
