StartupAUS To Deliver New Insights Into Entrepreneurial Ecosystem
18 May 2016
Media release StartupAUS, a not for profit organisation with a mission to transform Australia through technology entrepreneurship, will partner with the Australian Government to develop research on a range of themes and issues covering entrepreneurship and innovation in the 21st century.
The new research will examine the key elements that drive entrepreneurial behaviour, including turning ideas into commercial outcomes and the unique opportunities Australia offers entrepreneurs to start-up and grow innovative businesses.
Announcing funding of up to $360,000, Minister for Industry, Innovation and Science Christopher Pyne and Assistant Minister for Innovation Wyatt Roy said that the research would help to ensure that future policy decisions effectively supported entrepreneurship.
“As the Australian Government’s National Innovation and Science Agenda boosts innovation across every sector of the economy, it is critical that we have a clear understanding of the opportunities that will deliver the jobs of the 21st century.
“As entrepreneurs are driven by new ideas, the Government is keen that its policies are up to date and informed by the many factors that influence the success of Australia’s entrepreneurs.”
StartupAUS delivered the widely read Crossroads report in 2014 and 2015, helping to inform entrepreneurship policy.
“I’m conscious there is so much more we could learn about what makes entrepreneurs tick and there are many angles to be examined to complement the Innovation Agenda,” Mr Roy added.
“For instance, what factors affect women and youth entrepreneurs, what attracts our talent overseas and when and how can we attract them back to Australia?”
Alex McCauley, Chief Executive Officer of StartupAUS, said it was a positive sign that policy makers around the country were seeking to commission independent research to better inform their approach in this important area.
“We will be collaborating with a broad range of partners on these projects, picking up on the views of some of Australia’s leading innovators and entrepreneurs” Mr McCauley said.
The first two themes to be examined by StartupAUS are Culture and Entrepreneurship and International Analysis of Entrepreneurial Programmes. The first report is expected to be delivered to the Government by mid-October 2016.
StartupAUS will be funded at $120,000 a year for an initial two years, with the option to extend for a third year of research.