22/04/2014

The Conversation

In this article in The Conversation Professor Goran Roos writes about what Australia needs in terms of industry policy to survive and prosper.

“Greater economic complexity aids the transition to high-value-added manufacturing. This process depends on the interaction of the knowledge of specialists (designers, marketers, finance experts, engineers, technology experts from various disciplines, human resource managers, legal experts, environmental scientists, social scientists etc). Where economic complexity is lower, it is not possible to make products of the same high added value.”