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Innovation Australia Chairman Bill Ferris Paul Millar/AAP Image

The newly appointed chair of Innovation Australia, Bill Ferris, talks about his early experiences investing in start-ups in the 1970s, the need for Australia to bring its ideas and inventions to market, and the way to tackle a business culture that fears failure.

The Conversation

Michelle Grattan does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.