I had the great privilege last year of participating as a member of the Innovation Summit Implementation Group. I have a great passion for Innovation and an enormous passion for Australia to embrace Innovation. Innovation is not just about the economy. It is not just about the future growth of the economy. It is also a social phenomenon.
Innovation is about new ideas and their take up.
Innovation is not just about the dot coms or the new economy businesses. Innovation is about people in existing enterprises, people in every walk of life doing new things, doing things differently, doing things in new ways. Australia's prosperity depends on the ability to generate, develop and apply new ideas and techniques within existing industries and to create new enterprises and new industries. At RMIT we believe we have an economic and a social contribution to make. The underlying theme of innovation is about risk taking and creativity.