none

ENTREPRENEURSHIP THE KEY TO FUTURE GROWTH

04-11-2015
by 
in 

Entrepreneurship should be encouraged at every level of education in Australia – starting in schools, says Australia’s chief scientist, Professor Ian Chubb.

A report released recently by the Office of the Chief Scientist says entrepreneurship is the key to a high-growth, innovation-led economy, able to capitalise on Australia’s investment in research and skills.

“Australians aren’t short of talent but we need to get better at turning our creativity into successful products and services,” said Professor Chubb.

“To be a more innovative country we need to encourage an entrepreneurial mindset at every level of education – starting in schools, continuing in higher study and enduring throughout working lives.

“In other countries, forward-looking universities are the epicentre of vibrant start-up economies. Universities should be at the core of building a culture of entrepreneurship in Australia.”

The report, Boosting High-Impact Entrepreneurship in Australia, finds that Australia has one of the highest rates of business creation in the world, but few startups have the capacity to grow beyond the local level.

Producing more high-impact entrepreneurs with global ambitions and the ability to disrupt large markets using science and technology will be crucial to Australia’s future, the report finds.

Highlighting the priority given to entrepreneurship in the most successful start-up nations, the report calls for new thinking in government and universities.

It identifies a mix of programs in universities, from harnessing entrepreneurs as role models to hands-on learning through incubators, accelerators and overseas placements, as the best approach.

Entrepreneurship courses at Australian universities need to grow beyond business schools and into mainstream study, particularly in science, technology, engineering and mathematics fields.

The report can be downloaded at www.chiefscientist.gov.au

Related news & editorials

  1. 20.07.2018
    20.07.2018
    by      In
    The Innovative Manufacturing CRC has signed a framework agreement with the Fraunhofer Society with the aim of increasing the awareness and uptake of Industry 4.0 in Australian manufacturing industry.
    The German Fraunhofer Society is one of Europe’s leading organisations for applied research, and... Read More
  2. 19.07.2018
    19.07.2018
    by      In
    The Australian Made Campaign has named Ben Lazzaro as its new Chief Executive, succeeding Ian Harrison, who steps down at the end of July. The announcement was made following the organisation’s board meeting this week in Melbourne.
    Lazzaro, who has an engineering and communications background, has... Read More
  3. 19.07.2018
    19.07.2018
    by      In
    Siemens Australia and Motorola Solutions have formalised their relationship to develop innovative technologies for Australia’s industrial sector via an exclusive partnership. Motorola Solutions has joined the Siemens’ Solution Partner Programme, becoming only the second company in Australia... Read More
  4. 18.07.2018
    18.07.2018
    by      In
    Australia’s only dedicated trade event for the electronics industry will this year be held in Sydney in September. Electronex – The Electronics Design and Assembly Expo will be staged on 5th and 6th September at Rosehill Gardens Event Centre with free parking for visitors.
    The expo is now in its... Read More