Monday, 14 December 2015 11:51

Pyne talks innovation with Israel Featured


Strengthening Australia’s ties on innovation with Israel was on the agenda when Minister for Industry, Innovation and Science Christopher Pyne met with Israel’s Prime Minister, Benjamin Netanyahu, in Jerusalem today.

The meeting comes not long after the release of the Federal Government’s National Innovation and Science Agenda, which included a $36 million global innovation fund to create strategic links with key economies around the world.

The innovation strategy announced by the Prime Minister Malcolm Turnbull includes five 'landing pads' for start-up entrepreneurs in different countries, one of which will be located in the Israeli capital of Tel Aviv.

“Israel has one of the highest concentrations of innovation and entrepreneurship in the world,” Minister Pyne said.  

“Many countries, including Australia, are now looking at what they can learn from Israel’s experience and I hope today’s talks with Prime Minister Netanyahu will help us as we build a reinvigorated Australian economy based on innovation.”

The Minister said Australia has a lot of similarities with Israel, including its educated workforce and small population, “but when it comes to start-ups and commercialising research, we are failing to keep up”.

“The Australian Government is proud of the friendship we have with Israel. We value the people-to-people links and the commercial and diplomatic ties we share.

“But we also value our educational and research ties, which have never been more important, given Australia’s new emphasis on innovation.

“Israel has a remarkable rate of success in commercialising innovation and turning bright ideas into viable commercial outcomes.”


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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).



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