Innovative startup: experience from Australia

Authors

  • Duong Hong Anh
  • Hoang Minh Thuy

Keywords:

Start-up system, Innovation, Australia

Abstract

The paper deals with a study of actual status of start-up eco-system in Australia and support programs for start-up ecosystem offered by the Australian Government (CSIRO Innovation Funds, Businessmen Program, and Export Market Development Support Fund). The paper presents a look to forms of mobilization of capitals (possibilities to mobilize capitals from communities), forms of investment (start-up acceleration courses, start-up incubators, angel investors and venture investors) and reforms of legal policies (tax incentives, policy of protection of enterprises in case of bankruptcy) provided by the Australian Government to support enterprises to do innovative start-ups. Then the paper proposes lessons of experience for Vietnam in its efforts to build up a start-up nation.

Code: 17110901

Downloads

Download data is not yet available.

References

Tiếng Việt:
1. Chu Thanh Vân. 2017. “Việt Nam có thể trở thành quốc gia khởi nghiệp như Israel”, xem 19/5/2017, <https://www.vietnamplus.vn/viet-nam-co-the-tro-thanh-quoc-giakhoi-nghiep-nhu-israel/447213.vnp>
Tiếng Anh:
2. “PwC: The Start-up Economy”. 2013. Available at: <https://www.digitalpulse.pwc.com.au/wp-content/uploads/2013/04/PwC-Google-The-startup-economy-2013.pdf>
3. Rosenberg, J. and Marron, D. 2015. “Tax policy and investment by startups and innovative firms”. Full Report, see 09/02/2015, <http://www.taxpolicycenter.org/publications/tax-policy-and-investment-startups-and-innovative-firms/full.>
4. Marshall, L. 2015. “Unleashing Australia’s innovation potential”, see 07/12/2015, <https://blog.csiro.au/unleashing-australias-innovation-potential/>
5. Borrello, E. và Keany, F. 2015. “Innovation statement: PM Malcolm Turnbull calls for 'ideas boom' as he unveils $1b vision for Australia's future”, see 08/12/2015, <http://www.abc.net.au/news/2015-12-07/pm-malcolm-turnbull-unveils-$1-billioninnovation-program/7006952>
6. Kinner, C., McCauley, A. và Gruszka, A. 2016. “Crossroads report: An action plan to develop a vibrant tech startup ecosystem in Australia”. <https://startupaus.org/resources/crossroads-report/>
7. Potter, B. 2016. “Start-ups create all new jobs”, see 24/8/2016, <http://www.afr.com/news/startups-create-all-new-jobs-20160823-gqzh15>
8. Startup Muster. 2016. “Startup Muster Annual Report 2016”. <https://www.startupmuster.com/reports/Startup-Muster-2016-Report.pdf>
9. “Innovation Australia Annual Report 2014-2015”. 2017. <https://industry.gov.au/Innovation-and-Science-Australia/InnovationAustralia/Annual-reports/Pages/Innovation-Australia-Annual-Report-2014-15.aspx.>
10. Nehme, M. 2017. “Australia finally has crowd-sourced equity funding, but there’s more to do”, see 22/3/2017, <https://theconversation.com/australia-finally-has-crowdsourced-equity-funding-but-theres-more-to-do-74921>
11. Weisfeld, J. 2017. “The Rising Success Of Startups Down Under: Inside Australia's Entrepreneurial Ecosystem”. <https://www.forbes.com/sites/groupthink/2017/08/10/the-rising-success-of-startupsdown-under-inside-australias-entrepreneurial-ecosystem/#b50a6f51cda2>

Downloads

Published

How to Cite

Anh, D. H., & Thuy, H. M. Innovative startup: experience from Australia. Journal SCIENCE AND TECHNOLOGY POLICIES AND MANAGEMENT, 6(4), 97–114. Retrieved from https://vietnamstijournal.net/index.php/JSTPM/article/view/230

Issue

Vol. 6 No. 4 (2017)

Section

STUDIES OF STRATEGIES AND MANAGEMENT

License

Authors who publish with this journal agree to the following terms:

    1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
    2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
    3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).