Read The Times Australia

Daily Bulletin

Where could Australia genuinely innovate?

  • Written by: The Conversation Contributor

There is a lot of talk about innovation these days, but are we really innovating in the areas where we could generate the most benefit for Australia and the world?

What is clear is that the decline in mining revenue, the elimination of manufacturing jobs and climate-dependent uncertainties in agricultural productivity mean Australia’s future prosperity cannot depend on endlessly repeating the past.

The decline of coal and, indeed, all fossil fuel exports is inevitable if nation states are to comply with the Paris agreement. That won’t happen overnight, but the pace of change will inevitably accelerate as a more concerned and aware younger generation seizes political control.

Future prospects for our greatest single tourism asset, the Great Barrier Reef seem increasingly dim. The bleaching that’s killing the corals is a direct consequence of ocean warming.

With 0.3% of the world’s population, we produce around 1.4% of the world’s greenhouse gas emissions (and that’s excluding the emissions from our coal exports). But the fact remains that there’s relatively little Australia can do to protect the long-term health of the reef.

We could act to limit agricultural runoff. And, thinking innovatively, we might research if it’s possible to engineer or transplant more heat resistant corals. But apart from the technical challenges, any long-term success will depend on how hot the seas eventually become.

If we’re thinking about places where a country like ours with a small population can hope to innovate in ways that generate new technologies and more jobs, the area with the greatest potential is renewable energy.

Playing to our strengths

We live on the world’s largest solar collector. How do we exploit that to serve our own energy needs and, beyond that to develop a clean energy export industry? One possibility is to produce an Asia-Pacific solar “super grid”, with Australia exporting solar energy to our neighbours.

Given that we have massive solar resources, and assuming a realistic global price for carbon (say A$100/ton levied on everything from energy generation to transport), Australia would become a highly desirable place to site activities that require a lot of energy. An obvious, immediate application is to host global data centres.

We also have a strong record of innovation in the medical area, with the new Medical Research Future Fund being tangible evidence that this is recognised at the political level.

Vaccines, such as Gardasil, and devices such as the ResMed sleep mask and the bionic ear have been major dollar earners, although each hasn’t necessarily created many domestic jobs.

Given our increasing ethnic diversity and our centrally organised national health system, Australia is a great place to do clinical trials that will be acceptable to the emerging powerhouses, such as China, in drug discovery and development.

And we have established great models for networking university and research institute talent across the nation.

Sometimes, I fear our politicians take too narrow a view of medical research. They fail to grasp that the Australian Research Council and CSIRO-funded chemists, physicists, mathematicians and so forth are centrally important to this enterprise, although that is understood by those who administer the funding agencies. And cutting research support funds to universities is a major regressive step.

image Australia has a long history of innovation in agriculture, including through the CSIRO. Willem van Aken/CSIRO, CC BY

Research prosperity

That said, a great deal of innovation has nothing to do with the formal research sector. Innovation in areas such as design, visual imagery, fashion, surfboards, bicycles and so forth is based on the insight and energy of inventors and entrepreneurs.

That’s also true, to some extent, for innovation in engineering and architecture, although developing novel solutions is likely to benefit from regulations and/or investment strategies that mandate, for instance, energy efficiency and “greening”.

Government definitely has a part to play here. If we look at Silicon Valley, for example, an enormous amount of support has been supplied by US Department of Defence and Department of Energy grants.

CSIRO chief Larry Marshall’s strategy to take the institution down a more entrepreneurial road is understandable. What is regrettable, though, is that there has been no real political commitment to continuing the “public good” (and long-term economic good) science that has been a major focus for CSIRO and should, perhaps, find another home.

One option would be to establish a new National Institute for Earth Systems Science that incorporates some of the CSIRO activities that are slated for cuts.

If we don’t understand what is happening with the climate, tides, soils, water, biodiversity and so forth, we limit our capacity to innovate in response to environmental stress. We also risk making very bad political decisions about where to invest for future development and to mitigate the effects of climate change.

Surely Australia should be the great laboratory for water conservation and dry land agriculture. That won’t happen if we compromise the necessary science.

Finding the advantage

As a research scientist, the principle I’ve always adopted is to align with selective advantage. That means collaborating with talented people (especially those at close range with different expertise) and tackling issues where there is real need.

The big questions are: what are our selective advantages as a nation? And how do we exploit them?

Although there are signs of erosion, one great advantage we still have is that we live in a socially progressive and generally tolerant society with a strong record in science, education and the arts.

So, although governments can help get the settings right and provide some resources, genuine innovation depends on the actions of smart, courageous and determined entrepreneurs.

Where the US prospers, it’s because it has outstanding tertiary educational institutions that produce such people, it invests in science and technology and it recruits talent from across the world.

That’s one place where we can take a lesson from their book. Although, when it comes to social policy, other centres of innovation such as Scandinavia and Germany seem to be more relevant to us.

Innovators want to live in places that are safe, decent, have affordable education, and value personal freedom, bold ideas and creativity. What we are as a culture is a major component of our selective advantage, and we need to preserve that distinctiveness.

Authors: The Conversation Contributor

Read more http://theconversation.com/where-could-australia-genuinely-innovate-60452

Business News

The Rise of Digital Marketplaces in the Australian Trade Sector

For decades, the Australian trade and construction sector operated almost entirely on word-of-mouth recommendations and local community networks. Small business owners typically relied on local newspa...

Daily Bulletin - avatar Daily Bulletin

How Immigration Lawyers Can Help

Introduction Visa decisions can shape employment, family life, study plans, travel, and future residence. A small omission can lead to delay, added expense, or refusal. Immigration lawyers assess l...

Daily Bulletin - avatar Daily Bulletin

How Industrial Drying Equipment Supports Efficient Processing

Many industrial processes require moisture to be removed from compressed air, products or process materials before they move to the next stage. Excess moisture can affect equipment performance, produc...

Daily Bulletin - avatar Daily Bulletin

Practical Ways a Whiteboard Can Improve Workplace Communication

Effective communication helps teams stay organised, share ideas and keep track of important information. While digital tools are now common in many workplaces, a whiteboard continues to provide a simp...

Daily Bulletin - avatar Daily Bulletin

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

Daily Bulletin - avatar Daily Bulletin

Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

Daily Bulletin - avatar Daily Bulletin

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

Australian organisations are relying on business continuity plans built for a far more predictable world

Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...

Daily Bulletin - avatar Daily Bulletin

How to Rent a Car for Uber in Melbourne: What Every New Driver Needs to Know

Starting out as an Uber driver in Melbourne is not as complicated as it sounds but getting the vehicle right is where most new drivers get stuck. Uber has strict requirements around vehicle age, condi...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Architectural Window Shading: Solutions for Triangle Blinds, Raked Glazing, and High Ceilings

Mastering Light and Privacy with Specialized Window Coverings Modern architectural de...

From Suburban Streets to Modern Events: Why Australians Still Love the Ice Cream Truck

Did you know Australia consistently ranks among the world's highest ice cream-consuming countries? ...

Will These Bloody Kids Ever Move Out? The Resurrection of the Duplex Says No

Whilst Baby Boomers and Gen Xer’s typically finished school, got a job and moved out of home relativ...

Critical Structural Checks to Prioritise Before Renovating an Older Property

The Australian home renovation market is experiencing unprecedented growth. The total value of thi...

Why Regular Gutter Cleaning Northern Beaches Is Important

Living in the Northern Beaches offers beautiful coastal scenery, fresh air, and leafy surroundings...

Double Glazed Sliding Doors vs Standard Sliding Doors: Key Differences

Sliding doors are a popular choice in modern homes due to their space-saving design and ability to...

How to Plan a Bathroom Renovation Timeline (Without Surprises)

A bathroom renovation rarely feels “small” once work begins. Even modest updates involve multiple ...

What “Extraction Facial” Actually Means (And When It Helps)

“Extraction facial” is one of those skincare terms people use as if it’s one standard treatment, b...

How Compounded Medicines Support Individual Health Needs

Not every patient responds to medicine in the same way. Age, allergies, dosage requirements and sw...