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Innovation competitions are the next big thing. Here are 8 ways to make them work

Written by Olga Kokshagina, Researcher - Innovation & Entrepreneurship, RMIT University

Leonardo da Vinci sketches. He invented the pulley, the parachute and the water-powered mill. None were patented.Shutterstock

For centuries, human beings have relied on patents to encourage and protect innovation.

But many inventions were not: matches, vaccinat...

Higher than expected inflation report dashes hopes for further RBA rate cuts
Inflation jumped 1.3% in the September quarter, above economists’ and the Reserve Bank’s own expectations. That i…
When you click on an ad in sales season, retailers get to harvest your data
Earlier this year, the consumer watchdog fined three retailers, Michael Hill, MyHouse and Hairhouse Online, almost A$20,000 e…
This was the best way to invest $1,000 … back in 2010
Over the past few years, markets have been on a wild ride. The price of gold has soared to record highs. Bitcoin is trading a…
Were you on Facebook 10 years ago? You may be able to claim part of this $50 million payout
Right now, more than 311,000 Australian Facebook users can apply for a slice of a A$50 million compensation fund from tech gi…
After OpenAI’s new ‘buy it in ChatGPT’ trial, how soon will AI be online shopping for us?
Buying and selling online with e-commerce is old news. We’re entering the age of A-commerce, where artificial intellige…
Sphere set to join Findi Group, accelerating climate action to new markets
Sphere for Good (“Sphere”), a leading innovator in integrating climate and loyalty actions into financial transactions, t…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Understanding the Importance of Property Valuation Services in Darwin
Introduction Darwin’s property market is known for its unique blend of residential, commercial, and rural investments. With constant changes in market demand, infrastructure development, and lifestyle shifts, understanding the real value…

GYLD: A new agency hellbent on getting better publishing deals for developers
Developers seeking improved publishing deals are now flocking to GYLD, a new agency providing devs with advocacy and safe passage through the notoriously complex negotiations of publishing contracts. With a…
Insurtech and Digital Insurance Solutions Redefining the Insurance Landscape
It's no secret that technology has changed every industry it reaches; the insurance industry is no exception. This innovation is known as InsurTech and digital insurance solutions, which merge cutting-edge…
Open banking is coming to New Zealand – here’s what we can learn from countries already doing it
Getty ImagesTraditional banks in New Zealand have long served as gatekeepers of customers’ data. This is about to change with the arrival of what’s called “open banking”, set to arrive…

“You shouldn’t need a large account balance to experience real-time investing. Technology should make that kind of access universal.” For decades...

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, announced that Greg Nicolle, G...

pay.com.au, the end-to-end payments and rewards platform, today announced the launch of International Payments, Australia’s first foreign exchange...