This is what governments and corporates can (and really should) learn from start-ups
Governments and corporates are increasingly being challenged by smaller, more agile start-ups, who are able to rapidly innovate and disrupt their industries
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Still waiting for a return on your innovation investment? Find the low-hanging fruit!
In his previous article, Roger La Salle challenged innovation practitioners to examine the rate of return on their innovation investment. Here, he explains how to set a time scale to obtain this return: “If you can have an early win with innovation then you can be sure more budget will be forthcoming and still greater achievements can be obtained.” To find the low-hanging fruit (and the lowest risk) for your startup, the best place to begin is with Process Innovation.
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The post-election fallout: What will happen to telecommunications?
Leon and Garry talk about the business fallout from the election, particularly for the telecommunications industry. But whoever gets to be government will inherit a sluggish economy.
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Collaborative Research Networks scheme seeks expressions of interest
The Australian Government is seeking expressions of interest from eligible higher education institutions for funding under the Collaborative Research Networks (CRN) scheme. The CRN scheme will provide up to $51 million from 2011 until mid-2013 to help less research-intensive smaller and regional universities strengthen their research capacity by teaming up with other institutions in areas of common interest.
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The death of Keynesian economics: How government stimulus could hurt Australia
In this week’s interview, RMIT economist Steve Kates talks about the death of Keynesian economics. He shares the growing view that stimulus packages around the world have increased debt, have not reduced unemployment and have made the crisis worse. He warns that Australia will feel the impact over the next year when China starts unwinding its stimulus package.
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Treasury chief Ken Henry should be replaced, while Gillard seeks new economic advisers
In this week’s overview of the economy, RMIT economist Sinclair Davidson voices the belief that Treasury chief Ken Henry is likely to be replaced, while Julia Gillard seeks new economic advisers. He says the Gillard Government will need to slash spending to bring about the budget surplus she says the government is committed to achieving.
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The mining tax does not 'stack up', government spending crowds out private investment and a budget surplus in three years is unlikely [PODCAST]
Talking Business is a weekly 15-minute podcast review of the Australian economy, presented by seasoned business journalists Leon Gettler and Garry Barker, produced in association with the RMIT College of Business. It features interviews with prominent business leaders and expert analysis from RMIT academics, such as Sinclair Davidson
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The mining tax does not ‘stack up’, government spending crowds out private investment and a budget surplus in three years is unlikely [PODCAST]
Talking Business is a weekly 15-minute podcast review of the Australian economy, presented by seasoned business journalists Leon Gettler and Garry Barker, produced in association with the RMIT College of Business. It features interviews with prominent business leaders and expert analysis from RMIT academics, such as Sinclair Davidson
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Talking Business: The Australian Economy [7 June 2010, PODCAST]
Leon and Garry talk about the Australian share market and its worst May performance in 26 years, driven largely by the panic in Europe. This may explain why the RBA has kept interest rates on hold. However, the respite might be short lived with Australian exports surging by the most in three decades and inflation gathering pace. Australian GDP grew by 0.5% for the first three months, driven largely by Government spending.
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What is GDP and what is contributing to its growth in Australia? [PODCAST]
RMIT economist Alberto Posso talks about Australia’s GDP rising 0.5%, raising questions about the Government spending crowding out private sector investment. He also looks at the drop in mining investment and asks whether manufacturing and agriculture can level the balance.
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Australian business investment returning back to 2008 levels [PODCAST]
RMIT economist Steve Kates talks about business investment, which is headed back to 2008 levels. He also looks at construction activity which appears to be flat with reduced investment in residential housing. This will exacerbate the housing shortage. He predicts high debt levels will drive inflation around the world as governments are forced to print more money to stay afloat.
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Preventative medicine: a bitter pill to swallow
Preventative genetic medicine has opened a can of worms — for ethicists, scientists, medical practitioners and governments. What will happen when a person’s genetic weaknesses can be identified at birth (or ever before birth)? Are we playing god, creating a future where a person’s destiny can be determined in utero? Can we expect to see…
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