{"id":43675,"date":"2023-10-20T15:30:20","date_gmt":"2023-10-20T15:30:20","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/the-mining-boom-has-left-australia-unprepared-for-the-era-of-the-entrepreneur-startupsmart\/"},"modified":"2023-10-20T15:30:20","modified_gmt":"2023-10-20T15:30:20","slug":"the-mining-boom-has-left-australia-unprepared-for-the-era-of-the-entrepreneur-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/the-mining-boom-has-left-australia-unprepared-for-the-era-of-the-entrepreneur-startupsmart\/","title":{"rendered":"The mining boom has left Australia unprepared for the \u201cera of the entrepreneur\u201d – StartupSmart"},"content":{"rendered":"
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Australia needs to prepare for the \u201cera of the entrepreneur\u201d by embracing new trends and encouraging cultural changes, a CSIRO principal scientist says.<\/p>\n

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Dr Stefan Hajkowicz focuses on strategic foresight for the CSIRO and works to help governments, companies and communities understand patterns of change so they can better prepare.<\/p>\n

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He says emerging new technologies like 3D-printing will completely change what it\u2019s like to startup a tech business by 2035, with the focus turning to IP rather than manufacturing.<\/p>\n

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\u201cWe\u2019ll see the emergence of the \u2018make anything factory\u2019,\u201d Hajkowicz says.<\/p>\n

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\u201cThen it\u2019ll be about what is designed, not the ability to make something, that will differentiate your business. It\u2019ll be about the design and the IP.<\/p>\n

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\u201cWe\u2019re soon approaching the era of the entrepreneur. We\u2019re pushing towards a world where the job isn\u2019t waiting for you; you have to create the job.\u201d<\/p>\n

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Australia is slipping behind the rest of the world in innovation, he says, and now is a crucial transitional time to prepare for the world of 2035.<\/p>\n

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\u201cWe\u2019ve been slack. The mining boom has made us slack,\u201d Hajkowicz says.<\/p>\n

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\u201cWhen a lot of the rest of the world was falling into negative GDP growth, Australia didn\u2019t primarily because of commodity prices. Innovation with the startup sector in Europe and the US was fuelled in the post-GFC world by people losing their jobs and having to make a startup.\u201d<\/p>\n

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Hajkowicz says there a number of things that need to be addressed to ensure Australia can take advantage of these opportunities.<\/p>\n

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\u201cWe\u2019re going to do that more, hopefully proactively. We\u2019re looking to a new generation to create new businesses focused on the global market,\u201d he says.<\/p>\n

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\u201cNow we have to look at what we can do to facilitate that environment, in terms of education, training and trade, to catalyse the growth of these startups.\u201d<\/p>\n

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He says by 2035 technology will have altered the way businesses are formed and operated unrecognisably, and entrepreneurs have to begin preparing for this change now.<\/p>\n

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Many of these changes will benefit startups, Hajkowicz says.<\/p>\n

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\u201cDigital technology will allow tech companies to scale up more rapidly than we\u2019ve seen previously,\u201d he says.<\/p>\n

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\u201cIt\u2019s reducing the costs of going through those cycles of creation and failure, so it\u2019s breaking down the barriers that exist in creating a company and allowing new entrants to get into the field.<\/p>\n

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\u201cThe costs of trying a new business model and failing aren\u2019t as great as they used to be, so there needs to be a cultural change. That creates an exciting future.\u201d<\/p>\n

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Hajkowicz is also the author of Global Megatrends<\/i>, where he identifies seven areas of growth that will dominate markets in 2035.<\/p>\n

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\u201cThe seven megatrends are all about the signals that lead-up to a moment of freefall,\u201d he says.<\/p>\n

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\u201cThey are taking the world into new territory, creating new risks and new opportunities.\u201d<\/p>\n

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Agriculture is an area that Aussie entrepreneurs should be looking at disruptive and innovating now, he says.<\/p>\n

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\u201cAgriculture is a bit underdone,\u201d Hajkowicz says.<\/p>\n

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\u201cIt\u2019s perceived by people as a low-tech, last century industry, but it\u2019s not at all.<\/p>\n

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\u201cIt\u2019s an area where we see incredible applications of technology, including with robotics and genetics.\u201d<\/p>\n

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Dr Stefan Hajkowicz will be lending his expertise to a masterclass as part of the Creative3 forum in Brisbane later this month. The festival aims to bring together creative, inspiring and influential entrepreneurs.<\/p>\n

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Want to grow your business with Instagram?<\/i> StartupSmart School can help<\/i><\/a>.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

Australia needs to prepare for the \u201cera of the entrepreneur\u201d by embracing new trends and encouraging cultural changes, a CSIRO<\/p>\n","protected":false},"author":1,"featured_media":59663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/43675"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=43675"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/43675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/59663"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=43675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=43675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=43675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}