For all the decades of clever country rhetoric, Australia’s innovation system has long been like a high-performance car stuck in first gear.
The revelation in The Australian today that Australia’s significant investor visas will be linked, for the first time, to meaningful investments in start-ups and emerging businesses is a very important push on the accelerator.
It’s widely accepted globally that innovation will drive growth and prosperity into the 21st century and Australia has long had most of the key prerequisites of a healthy innovation ecosystem in place.
