Australian Innovation Policy at City Level

Global Comparatives Christopher Hire. Executive Director Innovation Innovation Cities™.

Background.
2thinknow are Innovation Analysts.
> In 2006 2thinknow originated the Innovation Cities™ concept.
> In 2009 162 indicator 256 City Benchmarking Data - Program & Index.
> Analysis for City Improvement.
www.innovation-cities.com

Quick Hits...
Problem:
A Shocking Statistic
Answers:
3 Case Studies
2thinknow View
7 Key Observations
3 Big Ideas from 2thinknow
1 Big Hairy Global Idea
+1 Suggestion.

Shocking Statistic.
$6.4 bn > $5.4bn
Toronto (Pop. 2.7M, 5.6M Metro) exports more Information Technology than Australia (Pop. <22M)!
> Source Austrade & Toronto City Council (2007). For analysis: http://www.2thinknow.com/innovation/2007/howard-punch-card-thinking-rudd-new-technology/139/
Interesting: ICT exports (according to Austrade) shrunk 30% from a $7.8 bn in 2000 under John Howard.

Toronto Tech Peeps.
Culture, Canadians similar to Australians.
A Market Access Advantage proximate to USA
Cluster of Finance, Telecoms, Aerospace
More co-operation, less competition. Bigger Pie.

Karslruhe Kaiserslautern.
Small cities . Kaiserslautern Pop. 100,000, Karlsruhe Pop. < 300,000. Germans are aligned culturally in some respects to Australians. Mobile > Karlsruhe public transport won awards. Better connectivity . Green & clean. Institutes & Universities .
How do our cities compare?

Bilbao.
What difference does 1 (exemplary) art gallery make? Answer:
€ 220M per annum.
4,399 jobs.
€ 29M tax!
Spain has many problems (not least intermittent separatism). Similar culturally, geographically.
> Source Bilbao Guggenheim Museum (2007) Report into Economic Impact

2thinknow View.
In our analysis, we believe there are plenty of ideas .
2thinknow identify critically - beyond quantity of ideas - is their implementation . Implementation quality is often not approached analytically in Australia. Nor are size of markets & culture adequately considered.
Also, we MUST remember regional cities & islands .
Our view is that approaches must be professional, analytical, commercially-sensible and not just ‘me-too’.
It’s why 2thinknow developed our innovation frameworks.

7 Key Observations
Growing Innovation Cities DO:
Have Fast Rail connections between cities
> Frankfurt. Amsterdam. Paris. Lyon.
Their people are Mobile via Mass Transit in Cities.
> Hong Kong. Amsterdam. Strasbourg. Even, Boston.
Enhance Connectivity to compensate for distance.
> Seoul.Tallinn. Of course, San Francisco.

… also
Welcome Educated Migrants , [no Hairdresser Visas!]
> Toronto. Amsterdam. Silicon Valley & USA.
Target Industry Support without fear. Asia does!
> Shanghai. Beijing. Tokyo.
Create Regional Specialty Hubs that Export
> Bordeaux. Stuttgart. Kobe. Wellington [Film].
And like China, remember don’t kick home goals .
> eg. Maintain, don’t destroy local manufacturing.

3 Big Ideas > 2thinknow
There’s a long list. But low-hanging fruit.
Tax Reform. Don’t reward passive investment (housing and asset bubbles) at the expense of active investment (start-ups). Timely. Capital Gains.
Regulate duopolies. ACCC. Coles & Woolworths.
Fund start-ups with subsidised rents, tax rebates for airfares, training and staff - using insurance principles to avoid moral hazard.
& hey, what happened to Commercial Ready 2.0?

1 Big Hairy Global Idea.
Become the Gateway to Asia. Europe expects it. America asks it. Australia lives in it.

And maybe
Drop the social envy and hoops... don’t consider a grant of $50,000 or less actually worthwhile funding, when domestic markets are simply too small to support a Google, Twitter, Facebook - or indeed any non-niche broad-based company trying to change things.

Conversational View.
Be Confident
about Australia.
This is what I keep hearing from Overseas People.
Stop acting inferior. Or similar.

28.08.09 Suggestion
For all developments, think whether achievable WHEN:
#NOW
#2012
#2015
#2025
Insight: Innovation is non-linear. Stand in the future and look back to the past.
Slides www.slideshare.com/2thinknow
All images in this presentation sourced from: Wikimedia Commons, please email talk@2thinknow.com for URLS & authors

Australian Innovation Policy at City Level

by 2thinknow & Co. on Aug 26, 2009

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Australian Innovation Policy at City Level — Presentation Transcript

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