Innovation

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With new sources of venture capital funding Australia can boost innovation and its economy. Image sourced from Shutterstock.com

Significant Investor Visa misses the mark on VC and innovation

Australia can attract much needed venture capital funding through its Significant Investor Visa system, but only if a proposed new system is designed well.
The massive Ivanpah Solar Power Facility in California was partially funded by a large Department of Energy loan guarantee yet the policy has been harshly criticized. Gregg Tavares

Why is low-carbon energy innovation so slow? You can thank Economics 101

The world needs new energy technologies to meet global demand and slow emissions. Government plays an outside role in energy so what policies work best for innovation?
Facebook knows what you’re doing. What you’re watching. How you’re feeling. Khakimullin Aleksandr/Shutterstock/Wired

Privacy is fast becoming the real disruptive force in digital technology

Did you recently buy a Samsung smart TV? If you are worried about privacy, you may be wondering how smart that decision was following the manufacturer’s warnings that its voice-activated televisions may…
Like Bill Murray’s character in Groundhog Day, Australia must change its way of thinking – or else we face the grim fate of being trapped in an economic rut. Columbia Pictures

Prosperity or decline? Liberating ideas can reboot our economy

The World Economic Forum’s annual meeting wraps up off the piste in the Swiss ski resort this weekend. Two themes are growth and stability; and innovation and industry. Attendees must feel like Bill Murray…
It’s what comes after the great scientific discoveries that Russia has traditionally missed out on. Bin im Garten

Russia’s great at invention, but stinks at innovation

Russia’s economy is highly dependent on the price of oil, as are a few other countries, such as Venezuela and Saudi Arabia. Russia differs from those other countries, however, in having a very strong scientific…
Investing in more roads might help boost economic growth, but getting knowledge infrastructure right could take it to a new level. Image sourced from Shutterstock

Australia’s road obsession is holding back productivity

Commentators continue to call for new infrastructure to lift Australia’s flagging economic growth, yet there is a significant lack of awareness over what constitutes infrastructure. Infrastructure is not…
To Tolkien, the machine represents a means to attain power over others. His orcs – deformed and ugly creatures, whose hands are sometimes replaced with weapons – embody this lust for power. LOTR Wikia

Tolkien and the machine

My grandfather was a carpenter, and I don’t think he ever developed much of a sense of trust in machines. I remember him laboring away at our home one summer, transforming our screened-in porch into a…
Many governments are realising high-growth tech companies have the keys to their country’s economic future. Peter Dasilva/EPA/AAP

We need to put high-growth tech companies on the G20 agenda

The world was a very different place in December 1999 when the first G20 met in Berlin. Steve Jobs had just taken back the reins at Apple, but Facebook, Google, Twitter and the dot-com bust were figments…

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