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New research has revealed a huge gap for Australian businesses between their willingness to innovate and actual outcomes, with 70 per cent of executives declaring that risk aversion and costs are barriers to innovation.
Dr Sarah Jones, CEO of Sydney School of Entrepreneurship said the results underlined the need for tangible skills growth to support innovation.
"The innovation ecosystem has evolved significantly in recent years, but this research shows there is still a significant confidence gap that we need to address with targeted programs for everyone," Dr Jones said.
Read full coverage in The Australian.