[POLICY VIEW] POLICY TO STIMULATE INNOVATION INTO NATIONAL SYSTEM - PART 1 : HIGH RENT COST, BARRIER TO BRING IT RESOURCES FROM OVERSEAS

[POLICY VIEW] POLICY TO STIMULATE INNOVATION INTO NATIONAL SYSTEM 
PART 1 : HIGH RENT COST,  THE BARRIER TO BRING IT RESOURCES FROM OVERSEAS

While I live in Australia, I felt the house rent price is abnormally too high to ease the move of labor force. If rent is too high, the total income system in the country also should set to include such burden. A a result, the product and service by such highly paid labor loses the ability to compete in the domestic market as well as in the world market. (photo from celsian.co.nz)

Recently Australian economy has great problems while the price of natural resources fluctuates and gradually is going down. And such movement in international resource market, causes the trade income of Australia to get worse, and makes the country to bring more debt to import the overseas product.

Basically Australian economy is managed heavily by mining industry. And the capability to compete in  high tech industries , such as Information Technology, Electronics, Mechanics, Chemistry is very weak. And in these day, IT is leading the innovation of all of the industries, in which the manual reseach and development procedure by labor force is replaced, simplified, and made efficient by processors of IT.

CAD (Computer Aided Design) is one of the example of such innovation by IT. From about 7 years ago, CAD system came to integrate Artificial Intelligence inside of the software, and have reduced the time and labor spent by the manual work of human engineer. In every industry, they have their own verion of Computer Aided Management system, and the software IP inside of the Computer Aided System is the key to develop new technology and get the priority in the market, saving the cost of spending in providing services and products. (Photo from militaryaerospace.com)

By applying IT procedures, the labor system can become more efficient, and cost of living also can be lowered. And to draw many talented IT businesses from overseas to Australia, the Australian Federal and Local government should pay highest priority attention to the demand of IT engineers from overseas. And the government should change the work environment and VISA to be more flexible particularly for IT businesses from overseas countries. The government can help the incoming IT professional and business by providing proper level of rent price, communication cost, information and material security protection measures as well as the best location for businesses and finantial funding.

If the politics and governent are deeply warned that the future of the country relies on IT development in the coming years, they should establish highest priority plans to help and support projects to catch up with the level of cutting-edge service and product from US, EU or Asian countries. Such procedure needs much investment in Reaserch and development and re-education for IT skills, as well as activating the local IT projects, managed by Web listings and efficient logistics system.

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