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NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA

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Page 1: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA

Page 2: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge
Page 3: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge
Page 4: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge
Page 5: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge
Page 6: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge
Page 7: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

GLOBAL RACE FOR TALENT

2 OR 3 DECADES

NO CLEAR WINNERS

Page 8: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

2005

CONVOCATION OF POPE BENEDICT XVI

Page 9: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

2013

CONVOCATION OF POPE FRANCIS

Page 10: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

GLOBAL RACE FOR TALENT

2 OR 3 DECADES

NO CLEAR WINNERS

Page 11: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

THE WORLD’S MIDDLE CLASS – TODAY

322 664

525

181

NORTH AMERICA EUROPE

MIDDLE-EAST &

NORTH AFRICA

ASIA PACIFIC

CENTRAL &

SOUTH AMERICA SUB-SAHARAN AFRICA

32

105

Page 12: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

THE NEW MIDDLE CLASS – BY 2030

322 664

525

109

3,228

680 338

234

313 181

NORTH AMERICA EUROPE

MIDDLE-EAST &

NORTH AFRICA

ASIA PACIFIC

CENTRAL &

SOUTH AMERICA SUB-SAHARAN AFRICA

32

105

Page 13: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

Heritage Foundation

Economic Freedom 2017

1. Hong Kong

2. Singapore

3. New Zealand

4. Switzerland

5. Australia

Page 14: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

Legatum Institute

Prosperity Index 2016

1. New Zealand

2. Norway

3. Finland

4. Switzerland

5. Canada

6. Australia

Page 15: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

Fraser Institute

Human Freedom Index 2017

9. Australia

Page 16: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

2015 Commonwealth Fund Report

Best Health Care System in the World

1. UK

2. Switzerland

3. Sweden

4. Australia

Page 17: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

G20

Lowest debt to GDP

1. Russia

2. Saudi Arabia

3. China

4. Indonesia

5. Australia

Page 18: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

Lonely Planet Best Travel 2017

1. Choquequirao, Peru

2. Taranaki, New Zealand

3. The Azores, Portugal

4. North Wales, UK

5. South Australia, Australia

Page 19: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

Economist Intelligence Unit

Most Liveable Cities 2017

1. Melbourne, Australia

2. Vienna, Austria

3. Vancouver, Canada

4. Toronto, Canada

5. Adelaide, Australia

Page 20: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

Global Rising Star 2017

Adelaide, Australia

Page 21: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

KPMG Most Competitive City to do

Business

in Australia 2017

Adelaide

Page 22: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION

REQUISITES TO

SUCCEED:

▸ life threatening challenge

▸ world class research university

▸ infrastructure (affordable housing)

▸ access to capital

▸ a connector (to collaborate with

universities, businesses around the

world)

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life threatening challenge

Page 24: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge
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Key areas of research strength include biomaterials engineering and nanomedicine, energy and advanced manufacturing, minerals and resources engineering, defence systems engineering, sleep research and psychology, marketing science, population and public health and cancer research.

For more than 140 years, researchers at the University of Adelaide have made an impact all over the world – making vital contributions to the invention of x-ray crystallography, insulin, penicillin and the Olympic torch and cauldron. Right now our inventors are working on many disruptive technologies including drought resistant plants, computers that can see, IVF driven by artificial intelligence and nano space satellites. Ranked 4th worldwide in machine learning.

Post Graduate Degrees in Information Technology and Public Policy and Management. Pioneer in Autonomous cars.

world class education

Comprehensive research university, areas of strength include: Marine and maritime research, Autonomous vehicles, energetic materials, nanotech and analytical chemistry, medical devices and biomedical engineering, psychology and neuroscience, Industrial transformation studies.

Page 26: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

GLENN RICART

infrastructure (affordable housing) infrastructure

Page 27: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge
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28

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access to capital

Private Capital/VC

Re

lati

ve V

alu

e in

$ Industry Governments

Market-Entry R&D

Foundation

$10 million for the South Australian Early Commercialisation Fund turning research outcomes into business with economic development potential

Need to secure IP, $, infrastructure, expertise

Page 30: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

$50 million South Australian Venture Capital Fund (SAVCF), aimed at promoting innovation by supporting new businesses, attracting venture capital, and encouraging companies to re-locate to South Australia

$89 billion South Australia will be home of Defence Shipbuilding for a generation.

How was Silicon Valley Built?

Page 31: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

ACUMEN VENTURES

Page 32: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

SPACE INDUSTRY GROWING

FAST

AUSTRALIA 2% GLOBAL GDP ONLY

0.5% OF SPACE MARKET. TARGET

FOR 2030: 4% SHARE

50% Govt Activity

50% Commercial

40% Govt Activity

60% Commercial

2030 $1Tn ?

Govt activity Existing commercial New commercial

$330

Bn $69

Bn

$1Tn

1998 2015

2030 15 Year CAGR: 14%

Page 33: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

Small World Communications

AU Launch Services

Page 34: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge

SPACE DATA CRITICAL TO SOLVING MASSIVE PROBLEMS

Smart cities and infrastructure Precision Agriculture Climate Change

Global Transport & Safety Logistics & insurance Defence & Disaster Response

Page 35: NEW DIGITAL ECONOMY NEW SOUTH AUSTRALIA · THE SMARTEST PLACES ON EARTH: WHY RUSTBELTS ARE THE EMERGING HOTSPOTS OF GLOBAL INNOVATION REQUISITES TO SUCCEED: life threatening challenge
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STRATEGY

ROBERT TERCEK, BUSINESS LEADER, FUTURIST, AWARD WINNER AUTHOR

One of the largest life sciences clusters in the southern hemisphere. Combining research, education, clinical care and business development.

BioMed City largest health precinct in the southern hemisphere

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continuity of public policy

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connectors

ROBERT TERCEK, BUSINESS LEADER, FUTURIST, AWARD WINNER AUTHOR

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HYBRIDWORLD

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AI

RENEWABLES

SPACE

BIOTECH