Fed: Australia missing knowledge revolution

AAP General News (Australia)
02-07-2000
Fed: Australia missing knowledge revolution

By Stephen Spencer, Economics Correspondent

CANBERRA, Feb 7 AAP - Australia risked missing out on the information revolution with
a new report today finding the nation badly lagging in business innovation.

The Australian Business Foundation study will provide alarming reading for participants
at the first National Innovation Summit, to be held later this week in Melbourne.

Of nine areas examined, it found Australia was going backwards in five key measures
of business innovation:

* The proportion of manufacturers involved in innovative …