new digital economy new south australia · the smartest places on earth: why rustbelts are the...
TRANSCRIPT
![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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/1.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/2.jpg)
![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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/3.jpg)
![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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/4.jpg)
![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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/5.jpg)
![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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/6.jpg)
![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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/7.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/8.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/9.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/10.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/11.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/12.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/13.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/14.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/15.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/16.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/17.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/18.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/19.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/20.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/21.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/22.jpg)
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)
![Page 23: 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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/23.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/24.jpg)
![Page 25: 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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/25.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/26.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/27.jpg)
![Page 28: 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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/28.jpg)
28
![Page 29: 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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/29.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/30.jpg)
$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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/31.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/32.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/33.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/34.jpg)
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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/35.jpg)
![Page 36: 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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/36.jpg)
![Page 37: 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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/37.jpg)
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
![Page 38: 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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/38.jpg)
![Page 39: 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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/39.jpg)
continuity of public policy
![Page 40: 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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/40.jpg)
connectors
ROBERT TERCEK, BUSINESS LEADER, FUTURIST, AWARD WINNER AUTHOR
![Page 41: 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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/41.jpg)
HYBRIDWORLD
![Page 42: 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](https://reader035.vdocuments.site/reader035/viewer/2022062917/5eda3613b3745412b570f576/html5/thumbnails/42.jpg)
AI
RENEWABLES
SPACE
BIOTECH