A ten-year plan for NSW has set lofty goals to add an additional 1,800 innovation intensive firms and $27 billion to the economy, while cementing the state as Australia’s premier destination for innovation.
The NSW Innovation Blueprint will launch Monday with the hard targets and a new strategic vision for the state’s ecosystem, which leads Australia but trails many global peers because of capability, funding and access gaps.
The new plan promises to make the innovation ecosystem more equitable and to play a bigger part in responding to challenges like housing and clean energy through long term collaboration policies and funding.
Want to know how this story ends?
Become a subscriber for complete access to all stories on InnovationAus.com and our daily newsletter.
Do you know more? Contact James Riley via Email.
So disappointing that we are back where we were 5 years ago with the then coalition government. There is nothing new is this report. These are all the things that experts in the ecosystem have been repeatedly telling governments around Australia for some time.
Unfortunately, the only thing that keeps changing is the politics.
It’s the same themes of jobs and international trade & investment … co-mingled with support for innovation … rather than support for innovation per se. NSW seems incapable of getting its head around the differences and how that’s holding it back. And don’t get me started on the closure of the Sydney Startup Hub!