The seventh megatrend: why Australia must embrace innovation

An emerging new “megatrend” is that Australia’s scientists and researchers need to be more innovative, particularly if the country is to play a significant role in the world’s economy.

Megatrends are deep-set trajectories of change that will reshape the landscape for government, business and society over the coming 20 years. They herald both challenge and opportunity.

In an insightful article by Dr Stefan Hajkowicz, Leader – CSIRO Futures at CSIRO, he identifies the seventh global megatrend known as “the innovation imperative”. This megatrend argues that Australia and advanced economies are in a tight spot and the only way out involves risk-taking, new ideas and blue-sky scientific research.

This article was originally published on The ConversationRead the original article.

Dr Stefan Hajkowicz will be speaking about the megatrends and the innovation imperative at the Australia 2040 Summit at Parliament House in Canberra on May 26, 2015.