Certainly, Australia’s colonial and federal history, its geographical isolation, huge landmass and small population have profoundly influenced the country’s industries, technologies and research institutions. This resource-rich history lead to what is more commonly known as the ‘mining boom’. In light of this, Australian industrial research and development (R&D) in the second half of the nineteenth and early twentieth centuries was largely focused on the agriculture and mining industries. Whilst industry in Australia is historically a ‘user’ rather than a ‘creator’ of technology, […]
Innovation, 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 […]
The 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 […]
Undeniably, 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 […]