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ideacheck: Venturous Australia
Center for Ideas and the Economy Ideacheck (2008)
  • Kwanghui Lim, Melbourne Business School
Abstract

I present an analysis of the Australian National Innovation Review (2008). Follow the link to the original on the Center for Ideas and the Economy website. The original PDF contains formatting that is lost in the online version.

Background:

In September, 2008, the Australian Government released a report, venturousaustralia, containing a comprehensive review of the national innovation system ("The Review"). It was assembled by Dr Terry Cutler along with an 11-member expert panel, and also incorporates suggestions from over 600 public submissions. It calls for urgent action because over the past decade, Australia has fallen behind its peer countries to a dramatic degree in terms of its investments in education and R&D (Nelson, 1983). This is a source of concern because it is unclear how long more the boom in natural resources will continue to fuel the economy; innovation is therefore seen as an important source of future growth.

Keywords
  • venturous australia,
  • innovation policy
Publication Date
September, 2008
Citation Information
Kwanghui Lim. "ideacheck: Venturous Australia" Center for Ideas and the Economy Ideacheck (2008)
Available at: http://works.bepress.com/kwanghui/12/