Establishing government as an innovation leader, fostering and leveraging research and development, developing skills for the future and making a home for entrepreneurs
The NSW Government released an Innovation Strategy document, titled, 'Bringing Big Ideas to Life' yesterday.
It is geared towards preparing NSW for the digital age economy, through citizen-centric government services, responsive regulation, attracting technology-driven businesses, developing skills and enhancing collaboration within government and between government, industry and academia.
The introduction by Hon. Victor Dominello, MP, Minister for Innovation & Better Regulation and Hon. Anthony Roberts MP, Minister for Industry Resources and Energy, described it as the “NSW Government’s vision to boost innovation in NSW, in the government and non-government sectors for the betterment of our State”.
The 14-page strategy document outlines four areas of action. Within each, the document lays down an action plan and highlights key initiatives.
1. Government as an innovation leader
The primary focus is on adopting a more ‘user-centric’ approach and designing responsive regulation to make NSW the easiest state to start and grow a business.
The areas of action are co-designing solutions around need, providing clearer access points to government decision making, embedding a culture of ‘digital by default’, encouraging the release of open data where appropriate and collaborating across government to reduce regulatory hurdles for businesses.
2. Fostering and leveraging research and development
The NSW Government wants to foster an environment, in which universities, industry and government can work together to solve business and service delivery problems.
3. Skills for the future
This section highlights the NSW Government’s awareness of the urgency of growing and re-skilling talent, to deal with the elimination of large percentage of today’s jobs and prepare the populace for high-value jobs in arts, engineering, artificial intelligence, robotics, nanotechnology, 3D printing, genetics and biotechnology. The objectives are to build the requisite skills, attracting global talent and encouraging business opportunities.
4. A home for entrepreneurs
The government expressed commitment to putting Sydney in the top ten startup ecosystems in the world, by building a network of incubators, accelerators and knowledge hubs.
Read the complete document here: NSW Government Innovation Strategy Document
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