Australia has had mixed success when it comes to being a nation of innovators. A recent federal government report concludes that while Aussies are great at incremental innovation - which primarily means adapting overseas innovations - we fall behind when it comes to creating our own opportunities and bringing new things to an international marketplace.
Our bias towards incremental innovation is nothing to be ashamed of. Australia's resource and agricultural industries are some of the most competitive in the world due to our ability to improve existing technologies. And despite our country's size, we are blessed with the people, education and capital to foster success. So if it is not resources that are holding us back, is there something about our culture that discourages that big-picture thinking?
To read the full, original article click on this link: You cannot innovate without failure
