…. His bigger message is cultural change in institutions, the economy, the education sector and households. Turnbull crusades for established corporations to meet the challenge of disruption, new incentives to better finance start-ups, new rules governing university research and incentives for university-industry collaboration, renewed priority for the study of maths and science at school, and shifting super funds towards innovative-based investment….
The issue is whether Turnbull’s vision can be reconciled with the nation’s business culture where caution and protectionist regulation remain strong. This is what he seeks to change. In many ways, Australia starts a long way behind….
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