Consensio

the focus on my studies for the next years will generally be on intangible assets and what they mean to Australia’s economy.

Since 2001, where Daley found that Australia is not utilising intangible assets (IA) to its full advantage, and therefore falling behind in R&D, something interesting has happened.

The economy boomed on the back of the mining and resource demand despite study findings that the IA driven economy is the sustainable future direction for developed nations.

The advocates of social capital and the creative class seem pretty silent after the dot com crash and amongst the gold rush mentality of the current mining boom in Western Australia.

Perth, Western Australia is a prime example of a state in an identity struggle for the quest to please existing and new citizens.

Although there is a movement to revitalise the city and a call to continue with the IA paradigm to ‘build a state of creativity’ , we are a far cry from amalgamating the operational with the mundane concept of ‘culture and the arts’ in this city. (more…)