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AEEMA wants an innovation policy
VIRTUALISATION
AEEMA wants an innovation policy | AEEMA wants an innovation policy |
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| by Stuart Corner | |
| Monday, 29 October 2007 | |
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Page 1 of 2
AEEMA says Australia needs to ramp up its focus on innovation, as opposed to research, and has called for whichever party is returned in the next election to implement a broad-based innovation policy.Featured Whitepaper
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Robinson argues that "Innovation is not invention...Innovation is multi-dimensional, encompassing a vast array of activities in the whole supply chain: identification of an opportunity, designing and implementing a solution and marketing its uptake. The most effective innovation involves a process of the...integration of existing knowledge in new and inventive ways." He says that Australia undertakes sufficient pure and strategic research, but lacks the design and management skills to get that knowledge into international markets, and that government policy has failed to redress the balance. "In recent years, policy settings have treated innovation too closely as just research; the latter phases of innovation (design, manufacture and marketing) are arguably more vital to national economic and productivity outcomes." He says there is now "a strident call from industry and business for the need to elevate the whole innovation process to the national priority agenda, with a national framework to coordinate the efforts of government, business and research institutions." |
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