Innovation 101: Lessons from Texas to Spain

Posted by on Jul 29, 2009 in Feasibility, Innovation, News | No Comments

These recent articles from The Economist offer many salient points for discussion, as well as valuable lessons for Australia’s future.

The first, In Search of A New Economy, looks at the changing economy in Spain, where public spending on research and development has tripled, but the private sector has barely budged. The country’s new Minister for Science and Innovation argues that change is needed throughout the economy.

The second, Beyond Oil, analyses the state of Texas and just how well placed, or otherwise, this behemoth is for life after the oil dries up. Energy is still high on the agenda, but from some unexpected sources.