Today, Singapore frequently ranks as the most innovative country in Asia-Pacific, with 42,000 local start-ups and almost one in 10 working-age people in Singapore trying to start or having already started a company.
Australia is now so far behind that without such a blueprint, our innovation engine will not kick-start — or will even misfire on most cylinders.
One of Australia’s key downfalls is our inability to allow failure.
Indeed, the word ‘failure’ is a chill down the spine of most Australian recruiters and employers.
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