Australia's innovation problem explained in 10 charts

"The Turnbull government has released its innovation statement, setting out how it will encourage more startup activity and build a culture of innovation. As innovation policy expert Roy Green points out, Australia has had 60 reports at Commonwealth level on innovation in last 15 years. The $9.7bn the country spends on “research and innovation” is spread across 13 portfolios and 150 budget line items. Australia still has a long way to go to catch up to its regional and global counterparts, and we’ve set out the biggest challenges in the following charts." Read more

Charis Palmer, Darcy Shilton, Emil Jeyaratnam and Wes Mountain StartupSmart 14 Dec 2015