Policy courage needed to back risk-taking start-up founders

"As we edge closer to the government's statement on innovation – due to be released before Christmas – it is important to remember what our wide-eyed start-up founders are aiming to do. Start-ups test their ideas from initial concept to execution at a brutal pace and if their idea doesn't work then they change to meet market demand or they fail. Either way, in the process they learn a valuable lesson that no university course can hope to impart." Read more

Steve Baxter AFR 30 Nov 2015