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SMART STATE STRATEGY

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kamali
7 diapositives · 210 Views · Jul 31, 2014

The Queensland Government’s Smart State Strategy aims to harness knowledge, creativity, and innovation to fuel economic growth and enhance the quality of life for all Queenslanders. This strategy focuses on improving productivity through innovation, skills development, and education while ensuring a sound regulatory and fiscal environment. By broadening our economic base and embracing competitive knowledge economies, the initiative seeks to create higher-paying jobs, support existing industries, and foster new sectors, ultimately driving sustainable economic prosperity for a growing population.

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SMART STATE STRATEGY
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  1. SMART STATE STRATEGY MICHAEL TENNANT Principal Policy Advisor Smart State Strategy Unit Department of the Premier and Cabinet Michael.Tennant@premiers.qld.gov.au www.smartstate.qld.gov.au March 2005

  2. The Smart State Vision • The Queensland Government has a vision of a State where knowledge, creativity and innovation drive economic growth to improve prosperity and quality of life for all Queenslanders

  3. The Smart State Brand • ‘Queensland the Smart State’ • ‘Sunshine State’ compared to ‘Smart State’ • ‘Smart State Brand’ compared to ‘Smart State Strategy’

  4. The Smart State Strategy • Innovation and skills strategy • Centrepiece of Queensland Government’s broader economic development strategy • Complements the Government’s: • investment in infrastructure to support private sector investment & development • sound fiscal environment • efficient tax & regulatory framework

  5. Innovation Sound fiscal environment Research & development Capital infrastructure Commercialisation Economic fundamentals Smart State Strategy Productive Capacity Industry efficiency Education & training Regulatory reform Employment programs Human Capital Relationship

  6. Why are we doing it? • To maintain & strengthen our economic growth • Innovation & skills are the primary drivers of productivity • Productivity improvement is the primary driver of sustainable economic growth • Sustainable economic growth is the driver of economic prosperity • Economic prosperity is the driver for a better quality of life

  7. What’s the urgency? • Can’t compete with low labour cost countries • Need to maintain & strengthen competitiveness of our established industries & exports • Need to broaden economic base beyond historical reliance on coal, minerals, agriculture and tourism • Need to reposition ourselves so we can compete with knowledge economies • Need to strengthen & broaden our economy to cope with a rapidly growing population • Need to use innovation to better manage and use our limited natural resources • Need to maintain and increase jobs in existing industries, create more jobs with higher salaries and create new jobs in business & industries of the future