Where will Australia's innovation injection come from?

Most of the world's new jobs will be software, tech and IP-centric. But Australia's innovation moment, the mass commercialisation of invention, is nowhere in sight.

Before returning to Australia last year after 15 years in California, I devoured George Megalogenis’s book, The Australian Moment. Apart from providing a crash refresher on modern Australian political history, I was buoyed by Megalogenis’s thesis that Australians were “brilliant in a bust” and had learnt to “use our brains in a boom”.

I have just read the book again. My optimism has waned, especially about “using our brains”.

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