- WA Government signs memorandum of understanding (MOU) with INSEAD Business School to promote the State's innovation capability
- MOU will facilitate the inclusion of a WA case study in INSEAD's Master of Business Administration curriculum
- Initiative supported by the McGowan Government's $16.7 million New Industries Fund
Western Australian innovations will be shared with emerging global business leaders, as part of a new MOU signed by the WA Government and the prestigious INSEAD Business School.
Innovation and ICT Minister Stephen Dawson launched the partnership alongside representatives from INSEAD at an event held at Curtin University last night.
The Minister was joined by two INSEAD student teams from the school's France and Singapore campuses, who are visiting Perth as part of two summer program teams studying WA's innovation ecosystem.
Each team will provide a report on their findings of the WA innovation ecosystem at the conclusion of the visit, which will contribute towards learnings for the WA Government's innovation policy.
INSEAD is a non-profit business school and considered one of the most prestigious and largest graduate business schools in the world. It has campuses in France, Singapore, Abu Dhabi and San Francisco and ranks 6th in the QS World University Rankings Global MBA Rankings.
The objective of the MOU is to showcase WA's burgeoning innovation community to a global audience through the INSEAD Business School.
Forming part of the MOU, a virtual reality case study based on a WA-based mining operation will be developed in collaboration with the mining industry to highlight virtual business environments and support automation and robotics in mining along with autonomous vehicle usage.
The MOU is supported through the McGowan Government's $16.7 million New Industries Fund, which supports the acceleration of new and emerging businesses in WA, to diversify the economy and create new jobs and industries.
Comments attributed to Innovation and ICT Minister Stephen Dawson:
"We are proud to be the first jurisdiction in Australia to partner with the internationally acclaimed INSEAD Business School, which has been nurturing pioneers and innovators since its inception in 1967.
"Western Australia already has a strong connection with INSEAD Business School, with over 50 alumni calling WA home.
"The MOU is an important stepping stone to showcase the State's burgeoning innovation capability, including facilitating case studies that will promote our mining technology to the world.
"The McGowan Government is committed to supporting our local innovators through these kind of partnerships, which help drive the diversification of our economy and create the jobs of the future for Western Australians."
Minister's office - 6552 5800