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IA02 PMSEIC Report.indd - Department of Innovation, Industry ...

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“FOR MANY YEARS WE CONCENTRATED ON THE ECONOMIC SIDE.<br />

B UT IF YOU WANT THE ECONOMIC SIDE TO FLOURISH, YOU NEED MORE ENTREPRENEURS,<br />

YOU NEED MORE CREATIVITY. THE TWO MUST GO TOGETHER”<br />

Prime Minister <strong>of</strong> Singapore, Goh Chock Tong, 2002<br />

I NTRODUCTION –<br />

A CULTURE OF CREATIVITY<br />

What the arts, social sciences and humanities call<br />

creativity, science and technology calls invention<br />

or discovery.<br />

Creativity, like inventiveness, is a fundamental<br />

curiosity. It’s our imaginative capacity to generate new<br />

ideas, images and ways <strong>of</strong> thinking; new patterns <strong>of</strong><br />

behaviour; new combinations <strong>of</strong> action. It is an innate<br />

and universal human trait. Every sphere <strong>of</strong> human<br />

thought and activity can be creative, though some<br />

people are by education, training or natural attribute<br />

more creative than others.<br />

Like scientific invention and discovery, creativity<br />

only becomes economic innovation when it is applied<br />

systematically within business to generate new<br />

products, services or processes for the purpose <strong>of</strong><br />

commercial benefit.<br />

We are in a highly competitive environment with many<br />

countries endeavouring to enhance their economic<br />

performance by improving their innovation systems.<br />

Australia’s ability to sustain and improve economic<br />

performance and well-being will significantly depend<br />

on improving our innovation and creativity.<br />

For decades we have worked to build new skills and<br />

technologies that would drive commercialisation, and<br />

we’ve made many gains in that direction. But already the<br />

goalposts have shifted and they will continue to do so.<br />

These days, globalisation means that many <strong>of</strong> the skills<br />

and services at the heart <strong>of</strong> business competitiveness<br />

are being outsourced to regions with low costs and<br />

large pools <strong>of</strong> technical expertise. To be competitive we<br />

need to find smarter ways <strong>of</strong> conducting business and<br />

<strong>of</strong> building knowledge for business. We have to move<br />

from our current position <strong>of</strong> relying on ‘commodity’<br />

knowledge production to a point where we are<br />

constantly innovating on the basis <strong>of</strong> creative ideas.<br />

If we are to compete and excel in the global<br />

economy <strong>of</strong> the future we must move now to build<br />

a more innovative economy that recognises the key<br />

importance <strong>of</strong> creativity and design.<br />

China has fast become the world’s manufacturing<br />

workshop (McKinsey 2005). Further, China recognises<br />

that it needs strategic design to future-pro<strong>of</strong> its<br />

mammoth manufacturing sector.<br />

6

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