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 […]
There is no denying Turnbull has been welcomed with predominantly open arms by the tech industry in Australia. His victory speech alone caused a wave of excitement for the digital community, with him primarily pushing for an innovative Australia that fosters start-ups. However, one may wonder, why all the excitement over start-ups and what about other industries? Undeniably, the world is becoming increasingly technologically-driven, the Internet of Things (IoT) and the rise of the ‘smart product’ is evidence enough of […]
There is no denying that the buzz word, ‘start-up’ has become politically fashionable as Malcom Turnbull increasingly broadcasts his enthusiasm for an innovative Australian culture. With no signs of slowing down on the innovation agenda, this week marked the beginning of ‘Start-up Week’. Another motion leading to huge expectations of the Turnbull government’s Innovation Statement due before Christmas. Certainly, Turnbull’s passion for innovation has injected a renewed confidence in Australia’s digital future and for potential start-up companies. However, many start-ups may […]
Soon to be nestled on the foreshore of the Sydney Harbour is a technology marketplace that rivals the likes of Silicon Valley. That is at least the NSW government’s anticipation for Australia’s first digital district, ‘Silicon Harbour’ – a purpose built hub to unite the global giants of tech world with start-up entrepreneurs, business incubators and accelerators. Indeed, the government’s support of an innovation agenda and local start-up network is showing no signs of decelerating. However, since the technology sector is […]