Innovation

An innovative process or innovative people?

Which is more important, finding creative people or finding creative ideas? When Pixar head, Ed Catmull, asked a great many people this question, the answers were split 50/50. This astonished Catmull because, as he simply put it, talent is rare. The executive chairman of luxury goods maker LVMH, Bernard Arnault, is in the same frame […]

New cuts to Research and Development tax break

After closing the deal with the Palmer United Party, the Abbott government have made controversial changes to the research and development tax incentive by passing new legislation that will see a $100 million cap placed on the expenditures businesses can claim. The changes were initially announced in February 2013 as part of the Labor Governments […]

The ugly truth about Innovation and Disruption

It is said that in the investment world, Disruption and Innovation literature is something that resembles fast food. It tastes great, but has little substance and the money spent on it is regretted because it never improves anyones disposition. The sad truth when it comes to innovation is that a number of business books written […]

Robotic Farming – A new era for Agriculture

Robotic Farming may create a new era for agriculture. Held at the Sydney University, sixty of the worlds leading robotics engineers and academics have gathered together for the first ever Summer School conference. The organiser and manager of systems planning at the Robotics Centre (ACFR) said it’s a whole new sector of employment. Dr Fitch, […]

Australia receives its report card: C- in Innovation

The Office of the Chief Economist has released the 2014 Australian Innovation System Report, identifying Australia as a relatively mediocre innovator compared to the other OECD countries. Experts say this lack of innovation is leaving Australia vulnerable to economic shocks as resources play a less dominant role in the economy. According to the report, levels […]