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The proposed Australian R&D tax reforms… Do they walk the talk?

Inconsistency is what most influences an organisation's decision to invest in R&D and the extent of its R&D investment. This is because a company cannot budget and minimise risk if it does now know the extent to which it is likely to be eligible for a tax concession. The proposed reforms to the R&D tax concession not only conflict with their stated purpose but offer no consistency to organisations already engaged in the complex task of commercialising innovation... whether novel or risky.

The proposed Australian R&D tax reforms… Do they walk the talk?

Inconsistency is what most influences an organisation's decision to invest in R&D and the extent of its R&D investment. This is because a company cannot budget and minimise risk if it does now know the extent to which it is likely to be eligible for a tax concession. The proposed reforms to the R&D tax concession not only conflict with their stated purpose but offer no consistency to organisations already engaged in the complex task of commercialising innovation... whether novel or risky.

How to supercharge employees: Just ask them to buy the company, like Bam Creative...

Late last year, Miles Burke, the founder of Perth-based Bam Creative, engineered a coup d’état within his own business. He invited all the company’s employees to become shareholders. Bam started the new year with everyone buzzing around the office, genuinely working for the collective good rather than selfish individual ends. Here’s Burke’s account of how (and why) it happened.

Six things you should know before meeting with a US venture capitalist

There are many reasons to seek funding in the US, and not all of them involve preparation for entry into the American market. Solar-Gem CEO Khimji Vaghjiani, winner of last month’s Australian Innovation Shoot Out in California, presents a checklist all international entrepreneurs should consider before sitting down with US venture capitalists.

Debate rages at Mumbrella/Anthill Online Marketing by Design in Sydney last night — #mumhill...

There were plenty of great insights and conversations shared about marketing and social media at last nights Online Marketing By Design event held at the Shelbourne Hotel in Sydney, co-hosted by Mumbrella and Anthill Magazine.

Website of the Week: The Loop helps creative people sell themselves

Creative industries have changed dramatically over the past decade, but unfortunately the options for creative professionals to showcase their talent to peers and prospective employers hasn’t. Until now.

Free ASX know-how forum to help small caps grow with IPO

The Australian Securities Exchange (ASX) announced today that it will be staging a free IPO workshop, on 16 February, for small cap companies (companies with a market capitalisation of between $300 million and $2 billion) interested in growing their business through public listing.

NSW launches scheme to help SMEs with funding and research access

Of note to NSW SMEs and public sector research organisations (PSRO) is the launch last week of the NSW government's TechVouchers scheme, a pilot...

Diary of an entrepreneur raising capital: The 'Claytons' Stock Market

When I embarked on my current search for new funding, I thought I was familiar with most of the likely sources: friends (relatives and fools), angels, angels with teeth - Venture Capital (VC), strategic investors (the Holy Grail), an IPO or Lotto. But it turned out there was one I wasn’t aware of...

Diary of an entrepreneur raising capital: The ‘Claytons’ Stock Market

When I embarked on my current search for new funding, I thought I was familiar with most of the likely sources: friends (relatives and fools), angels, angels with teeth - Venture Capital (VC), strategic investors (the Holy Grail), an IPO or Lotto. But it turned out there was one I wasn’t aware of...

NICTA spin-off Audinate secures $4 million funding

Digital media networking solutions company Audinate (a NICTA spin-out company since 2006) has secured an additional $4 million funding round, which was led by its existing investors Starfish Ventures and Innovation Capital.

Entrepreneurial success: Why a clear objective can make us narrow minded

I think it is safe to say that most entrepreneurs are pretty motivated people. To risk everything to create something new, you have to have a fairly clear idea of what you want to achieve.

Can Australia really claim to be a nation of innovators?

Is innovation a driver of economic development down-under? The simple answer is, yes. But is it a core driver – part of our national psyche, supported by government policy? I personally don’t think that it is. I’m not so sure that ‘necessity’ is a part of life for most Australians. I don’t think that the ‘tyranny of distance’ still forces us to work smarter, not harder. In fact, the only cultural description I believe worth citing as part of this innovation debate is Australia’s reputation as a ‘lucky country’.

The 10 best strategic business slides of all time: #6 — Competition

In the sixth post in this series, Nigel Malone shares the contents of another of his favourite business keynote slides, drawn from a cross-section of sources that includes some of the great business, brand and military planners of all time.

Switched-on innovation converts pedestrian footsteps into energy

There's an interesting post over on Springwise about Pavegen slabs, an eco innovation by UK-based Pavegen Systems, which harvest the kinetic energy from pedestrian footsteps and converts it into electricity.

Research: Australians lead the world in time spent on social media

A recent survey by The Nielsen Company has shown a global rise of time spent on social networking sites, such as Facebook and Twitter, of two and a half hours for December 2009 and December 2008. Going from three hours to five and a half hours represents a staggering 82 percent increase.

‘Bean-talk’ — a golden egg for small business

Running a small business inevitably means becoming a jack of all trades, most notably of which is ‘doing the books’. This in turn requires getting to grips with tricky accounting packages, an understanding of spreadsheets and becoming conversant with accounting jargon. The result is waving goodbye to your evenings, weekends and regular sleep.

The lameness of lateness

Have you ever noticed how nobody seems to respect appointments? We only get one go at any point in time. Do you really want to spend it waiting for someone else? Take control!

The 10 best strategic business slides of all time: #5 — Message Development

In the fifth post in this series, Nigel Malone shares the contents of another of his favourite business keynote slides, drawn from a cross-section of sources that includes some of the great business, brand and military planners of all time.

How to build a business in 7 days for under $500 [Day#7: The Launch]

So you want to start a business but time and money are holding you back? Sebastien Eckersley-Maslin set himself the challenge of launching a startup in seven days for less than $500. He’s posted daily summaries for seven days. This is his seventh and final post in the series.

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