Malcolm Turnbull to spend more than $1bn on new scheme to promote Australian innovation
Malcolm Turnbull
In this cross-posting from The Conversation Michelle Grattan sets out what the government’s new $1bn innovation fund will look like.
The government’s innovation statement on Monday will pledge more than $1 billion in new spending over four years on measures to foster an innovative, risk-taking culture in Australia.
In Malcolm Turnbull’s first major policy initiative, 24 measures will cover four priority areas: culture and capital, skills and talent, business and research collaboration, and the role of government as an exemplar.
Great initiative….but brain gain sounds very close to brain drain 😉
Optimism is good. It’s so much better to be reading about innovation than the death cult.
“Internet Australia applauds the support for innovation coming from both sides of politics. No one has a mortgage on ideas in this area. In fact, a wide range of policy options have been debated at length in recent months. So it’s not so much about deciding what we need to do, it’s about deciding to do it together.
We’ve called for a Digital Future Forum, bringing together the government and the opposition with organisations representing the perspectives of everyone who’s contribution is needed to realise our potential as an innovation nation. See: https://www.internet.org.au/index.php/news/92-30-june-2015-internet-australia-calls-for-a-digital-future-forum“
Funding for STEM can’t come soon enough. All kids need to learn to code. It seems primary school kids have the priority here. But we need current high school kids to get in early before they lose the opportunity to learn this basic skill for the future.
I have been heavily involved in two vital global innovations. The first was the Malayan Emergency, a long and exhausting 12 year war against ruthless and brutal communism. We won with a HIGHLY INNOVATIVE strategy. The Americans lost in Vietnam with a flawed strategy employing CONVENTIONAL warfare. Second, inspired by the highly superior management skills and world-best marketing and market research at Unilever Australia I conceived and launched the world’s first ever powerful HIGHLY INNOVATIVE ad agency planning role in a Sydney ad agency in 1966. In Malaysia I have been thanked by the King and by other senior government officials. In the Australian ad industry the response was hate and Machiavellian behaviour. INNOVATION is not always welcomed – anywhere, anytime.
When we’re talking innovation, there’s a widely held assumption that it’s coming from young people. It doesn’t.
Malcom was 50?when he made his millions in IT.
The blue tooth scientists weren’t in some warehouse start up.
The average person on the New Inventors was a farmer in his 50’s.
And by the way, is the New Inventors show returning in this new climate of innovation?
Governments are aggressively exporting IT jobs to the third world, but then offer a few shekels and some dodgy insolvency laws so a few hucksters can rob investors.