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The Forum > Article Comments > Donít neglect innovation > Comments

Donít neglect innovation : Comments

By Nicholas Gruen, published 19/1/2011

Economic reform isnít just about economics, itís also a political project.

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No comments does show a distinct lack of interest in innovation within Australia.

This site here is a government sponsored enterprise for ďCreative InnovationĒ in Australia.
http://www.creativeinnovation.net.au/index.html

It has a blog site where articles are published, but few or no comments also,

If someone in Australia has an interest in innovation, (as a few do), they must get rather lonely.

I hope the demand for coal and iron ore remains high, because Australia is now reduced to little more than a collection of mines and shopping malls, and when almost everything a school or university uses is now imported, I donít regard the education system as being any part of the innovation process.
Posted by vanna, Thursday, 20 January 2011 6:46:08 PM
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We just let our innovators go overseas to bolster other economies...probably because we are so magnanimous and generous.
Posted by Phil Matimein, Friday, 21 January 2011 3:42:16 PM
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I am an innovator. I setup a company, introduced world leading technolgy into Australia, employed 80 people, brought in over $30 million in investment from overseas. But I discovered that Australia is too difficult a country to do this in. My next effort will be overseas.
So why was Australia so bad:
1/ No Government support (our overseas competitors get big support). The R&D grant programs were cancelled twice during my attempt to grow this business in Australia. I know the mining companies got most of the $, so it needed to be changed, but taking away all support? Developing technology in Australia is hard enough, without complete uncertainty of potential government support.
2/ CSA made it near impossible to operate a buisiness in this Country. Twice we lost critical export orders because CSA put on a departure prohibition order to collect money that wasn't owed!
3/ The government body regulating our industry was tougher on us than our competitors.
4/ Lack of infrastructure. The more technology companies leave Australia, the less supporting industries are here for the ones that stay. So it gets harder and harder.

I now regularly recommend for investors and innovators to avoid Australia.
Posted by b2z, Thursday, 27 January 2011 12:13:11 PM
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