Behavioural strategies for selecting innovation projects. When financing new innovations, everyone wants to back a potential winner. However, not spotting a winning project and letting opportunity to innovate pass, has significant negative consequences. This project will analyse how design thinking by senior executives and investors can boost innovation by not rejecting a good project.
Aquafin CRC - SBT Aquaculture Subprogram: Variation To FRDC Projects No's: 2001/103, 2001/248, 2001/249 And 2003/228 To Address Existing Research Requirements Due To The Move To A Commercially Based Seacage Research Platform
Funder
Fisheries Research and Development Corporation
Summary
The SBT aquaculture industry is very successful and has rapidly grown to exceed $300 million per year. This industry is, however, facing greatly increased competition from recently developed tuna aquaculture in Spain, Malta, Italy, Croatia, Turkey and Mexico. The increased global production of farmed tuna saw a significant drop in returns to Australian growers in 2003. A targeted research and development program is essential to maintain the competitiveness of the Australian tuna industry. The SBT aquaculture industry is very successful and has rapidly grown to exceed $300 million per year. This industry is, however, facing greatly increased competition from recently developed tuna aquaculture in Spain, Malta, Italy, Croatia, Turkey and Mexico. The increased global production of farmed tuna saw a significant drop in returns to Australian growers in 2003. A targeted research and development program is essential to maintain the competitiveness of the Australian tuna industry.
In September 2003 the SBT Aquaculture Subprogram Steering Committee reviewed the previous project (2002-249), which provided research services to projects utilising live tuna for experiments. The committee directed that the Tuna Research Farm be closed and two modified projects be submitted: A) A project covering the scientific involvement of Dr Jeff Buchanan in the existing research projects increasing his time on science. B) A new project to be developed by David Ellis covering the use of a commercial tuna farm to hold live tuna for experimental purposes.
This combination was expected to deliver better research outcomes and maximise uptake of results by industry. The ongoing areas of research priority include, nutrition, product quality, physiology, environmental sustainability and health.
Current FRDC-CRC projects addressing these priority areas (Projects 2001/249, 2001/248, 2001/103 & 2003/228) will be supported by this project.
Objectives: 1. As part of project No. 2001-249 measure the digestibility of manufactured SBT diets. 2. As part of project No. 2001-248 determine the most effect way to apply dietary antioxidants to extend the shelf life of SBT flesh. 3. As part of project No. 2001-103 measure the distribution and fate of tuna waste products using field sampling and stable isotopes. 4. As part of project No. 2003-228 establish the metabolic rate of free-swimming tuna and use this information in improved diet development. 5. As part of project No. 2001-249 evaluate the performance of Formu-bait decision support software on commercial tuna farms. Read moreRead less
Leaders Idea Forum - Seafood Community Think Tank- “A Seafood Community United By Ideas”
Funder
Fisheries Research and Development Corporation
Funding Amount
$24,763.56
Summary
The perception of the seafood Industry is that, while many individual enterprises are successful and forward moving, on an Industry wide level there is a lack of creative thinking and platforms to express Ideas. The thought processes within the seafood industry need to be fluid enough to evolve, adapt and deal with current and future issues. By promoting discussion and enabling people to explore ideas and issues in a different context, not bound by existing thoughts and limitations, we ....The perception of the seafood Industry is that, while many individual enterprises are successful and forward moving, on an Industry wide level there is a lack of creative thinking and platforms to express Ideas. The thought processes within the seafood industry need to be fluid enough to evolve, adapt and deal with current and future issues. By promoting discussion and enabling people to explore ideas and issues in a different context, not bound by existing thoughts and limitations, we can come up with new ideas, distinct solutions and fresh policy options for our industry.
Why is this needed: • The seafood industry has a perception as being an ageing industry with a lack of fresh thinking. • The industry faces complex challenges operating in a changing world that is mobile, connected and savvy. There is a need, not just to react to these changes, but rather lead and act in a proactive manner. • Through the participation of attendees who are not currently part of the decision making processes within the industry, yet intrinsically linked to its evolution, as well as other leaders and influential people from different industries, new idea’s and innovative thought paths can be formed.Read moreRead less
Towards the health care system of the future: The role of institutional entrepreneurship in service redesign and innovation. The reform of healthcare systems presents one of the most pressing and fundamental challenges for nations such as Australia. To date, hospital redesign and innovation initiatives have had limited impacts and outcomes at a system level with improvements limited to discrete areas. The aim of this inter-disciplinary research is to promote the scaling up of such initiatives to ....Towards the health care system of the future: The role of institutional entrepreneurship in service redesign and innovation. The reform of healthcare systems presents one of the most pressing and fundamental challenges for nations such as Australia. To date, hospital redesign and innovation initiatives have had limited impacts and outcomes at a system level with improvements limited to discrete areas. The aim of this inter-disciplinary research is to promote the scaling up of such initiatives to have systems-wide outcomes. The research aims to address institutional constraints and organisational factors and will develop practical frameworks, processes and resources. These intend to enable hospitals to develop organisational and leadership capacities to ensure investments in redesign and innovation have ‘whole system’ economic and healthcare benefits.Read moreRead less
Innovation and dynamic networks in project-based firms. Innovation is central to Australia's future prosperity but many commentators have bemoaned national performance in 'obvious' indicators of innovation such as R&D spending and patents. We argue that a lot of innovation in Australia is actually hidden in the business of projects. To compete in the international economy it is vital to know how to manage innovation in this context. The proposed research will use new methods in network analysis ....Innovation and dynamic networks in project-based firms. Innovation is central to Australia's future prosperity but many commentators have bemoaned national performance in 'obvious' indicators of innovation such as R&D spending and patents. We argue that a lot of innovation in Australia is actually hidden in the business of projects. To compete in the international economy it is vital to know how to manage innovation in this context. The proposed research will use new methods in network analysis to show how firms can be better structured to encourage innovation.Read moreRead less
The logic of market-creating innovations. The project seeks to provide theoretical insight and empirical evidence on the behavioural determinants of companies and executives that lead to market-creating growth. The question of how to support economic growth through innovation has drawn much attention and debate because Australian companies underperform in delivering value creation from new innovations. This project plans to test a model of growth based upon companies' changes to routines and res ....The logic of market-creating innovations. The project seeks to provide theoretical insight and empirical evidence on the behavioural determinants of companies and executives that lead to market-creating growth. The question of how to support economic growth through innovation has drawn much attention and debate because Australian companies underperform in delivering value creation from new innovations. This project plans to test a model of growth based upon companies' changes to routines and resource configurations as they create actions to prove a new hypothesis, rather than to confirm what markets already know. The model will involve policies that executives may find beneficial in building up their companies’ capabilities in sensing and seizing options for growth before the market logics of those options have been proven elsewhere. Developing such capabilities could boost the rate of market-creating innovations arising from Australian research.Read moreRead less