Source: Gilad Lotan https://www.flickr.com/photos/giladlotan/5108589192/
Business 2.0, Design

Startups vs. research for innovation

We recently saw Australia’s leading political parties exchanging policies to out-fund the other in relation to spurring “innovation.” By and large, I think this is good thing, and a refreshing change to focus on ways forward and the future, rather than on who might come in or out of the country, and one whose terms.

During these announcements, Labor put forward their policy position which included regional hubs, to be delivered through educational institutions such as universities and the idea of a “Startup Year” for students.

Around that time, Steve Baxter from River City Labs1 and Shark Tank, took to BRW to argue the case to Fund accelerators, not just universities.

I can’t say I disagree with the overall sentiment of Steve’s piece, but it did cause me to take pause and think a little deeper about the role and relationship of startups and university research. Continue reading