The stereotypical story of innovation features a solitary genius, a garage, and a lightning-bolt idea that changes everything. The narrative is neat and cinematic. Unfortunately, it also obscures how technological progress usually happens.
In reality, modern innovation looks more like elite sport. Success depends on a coordinated effort involving talent, coaching, facilities and fair rules. Countries that understand this tend to build deeper and more resilient technology sectors.
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Andrew Leigh is the federal member for Fenner. He is currently the Assistant Minister for Charities, Competition and Treasury. He is also the author of Reconnected: A Community Builder’s Handbook.
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