Cost may hinder innovation recommendations
Written by Steven Schwartz on September 24th, 2008
To make Australia more innovative and prosperous, Dr Terry Cutler’s review of Australia’s “innovation system” calls for a vast array of new programs, boards and committees.
For example, Cutler recommends that the government establish a “Knowledge Connections” program within the “Enterprise Connect Program” to work with “Industry Innovation Councils”. The report also foresees the appointment […]
Nightmare on Wall Street: opportunity to innovate?
Written by Steven Schwartz on September 17th, 2008
The ‘Nightmare on Wall Street’ headline has been getting a good workout over the past few days as share markets take a hammering in the wake of the US financial crisis.
Among other developments US investment bank Lehman Brothers filed for bankruptcy, Merrill Lynch has been forced to accept a Bank of America takeover, and there […]
What it takes for innovation to flourish
Written by Steven Schwartz on February 18th, 2008
In the 1400s, when most Europeans were subsistence farmers, China was on the verge of industrialising. Chinese farmers used hydraulics, Chinese veterinarians treated farm animals and Chinese crops were enhanced with artificial fertilisers. The Chinese invented paper, explosives, clocks, moveable type, compasses and they were masters of ship design while Europeans were still living in […]