Directors are often too focused on short-term results and traditional risks, rather than the potential disruption facing their organisations, according to a study released by the Australian Institute of Company Directors (AICD), in partnership with the University of Sydney Business School.
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell has urged the federal government not to abolish the low-cost innovation patent regime, saying this would create a significant barrier to small businesses.
The number of new UK start-up businesses saw a sharp fall last year, with researchers blaming the economic uncertainty caused by Brexit.
Starting a business is always hard work – but the startup boom has seen growth in businesses servicing startups’ needs.
The ACCC has found that recent competition from newer entrants is delivering better outcomes for consumers making use of IMTs, including through lower prices and more advanced services.