Innovation theorists downgrading importance of new technology

Abstract

The role of technological change in Australia has again been raised in "Changing Paradigms: Rethinking Innovation Policies, Practices and Programs", a recent report that Howard Partners prepared for the Business Council of Australia (available at www.bca.com.au). The report, based on responses from 19 members of the council, highlights the short-term perspective of many Australian managers by downgrading the importance of technological change for individual firms.