Innovation in Regional Australia: Effective, Lagging or Under-Utilised?
This chapter examines the Australian National Innovation System (NIS), in the context of the potential for policy intervention designed to boost regional development. It explores the contributions that regional Australia makes to the national innovation system, as well as the unique challenges faced by regions in innovating—including problems of a low base in human resources and a lack of innovation assets—and the potential role of new technologies, such as the National Broadband Network (NBN), in ameliorating these. The chapter also explores regional development intervention in Australia, before examining the influence of geographic isolation on regional innovation success. The section on policy considerations examines regional development anchored in innovation, and concludes that this might best be developed through assistance for regional SMEs to develop better linkages, and support to maximise opportunities under the NBN.
KeywordsInnovation System Tacit Knowledge Regional Innovation Knowledge Flow National Innovation System
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