Tag: Innovation

Australian businesses are innovating less, according to new data from the Australian Bureau of Statistics (ABS) covering the two years to June 30, 2023.

In a digitised world, ambitious start-ups don’t have to overcome major financial and logistical hurdles to reach a global market.

If you are thinking of appointing a Chief Innovation Officer, here’s what you need to know.

COVID-19 highlighted the food insecurity of millions worldwide. The pandemic exposed the vulnerability of the current food system, and more specifically the existing weaknesses in every stage of the supply chain. Rabobank’s Foodbytes! platform has shared its predictions in a report titled “From Farmgate to Plate: Top Food & Ag Innovation Trends for 2021”.  Sustainable […]

Here are five reasons why open source technologies are beneficial for businesses looking to stay competitive in digital transformation…

Australia’s burgeoning space industry has the potential to unlock a raft of economic opportunities. However the industry’s success depends on the Government’s willingness to look beyond university-led research and recognise the crucial role that businesses play in driving innovation. When Adam Gilmour, Co-founder and CEO of Gilmour Space, first set out to grow Australia’s domestic […]

The CSIRO has released a new report The Value of Science and Technology that lists the five main barriers to innovation in Australia and the respective solutions that businesses can adopt to overcome these challenges. The main barriers identified by the report are: Declining innovation investment: investment into R&D innovation has been declining and is […]

Martin Duursma is a Partner at Main Sequence Ventures. Prior to Main Sequence Ventures, Martin co-founded Datapac Australasia and then went on to become a senior executive at Citrix after it acquired Datapac. Martin shares his predictions on where Australia’s next breakthroughs in energy, advanced manufacturing and space lie. What are Australia’s biggest industry opportunities […]

In the months following the onset of COVID-19, startup incubators are being asked to prove their worth to funders, or risk being discontinued.  With the Australian economy continuing to contract and greater financial pressure being put on both the private and public sector, funding to entrepreneurs seems to have taken a back seat. James Alexander, […]

Proposed changes to R&D tax incentives (RDTIs) could reduce future R&D expenditure, undermining innovation and the development of new industries in the long-term. In 2017, Australia’s R&D expenditure sat at 1.787 per cent of GDP, far below the then OECD average of 2.342 per cent of GDP. Changes in RDTIs will potentially drive this rate […]