Australia has a fine history of invention and innovation, with ideas ranging from the stump jump plough and Hills hoist through to Jira , Wireless ,the flight data recorder and Cochlear ear implants change the world.
(Watch this space re the bionic Eye - follow Nigel Lovell)
Cochlear itself forms the centre of an Australian hearing technology hub at Macquarie University which brings together university researchers, private sector R&D and some of the world’s best medical specialists to form a globally competitive centre of excellence. We can do great things.
Remaining lucky in the 21st Century is going to take more than riding on the back of sheep, the end of coal train or surfing the wave of easy credit that crashed over our economy in the 25 years after 1990.
We are going to have to be (and indeed we are smart, canny and adventurous.
Australians have shown they can grasp opportunities and with government policies that favour innovation over speculation, investment over ticket clipping, a business community that pulls its weight in research and a community that values education at all levels we can do it.
So yes, Innovation can save Australia but we as a nation have to be prepared to work at it and change many of our current ways of thinking.
(Commentary inspired from www.paulwallbank.com)