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Anyone for Investment Tie-Ups with Australia?

June 2, 2008View for printing

The Cockatoo Network is recognized globally for its efforts to build collaboration and alliances. Our main fields are industry development, investment attraction and innovation.

In our experience, the strongest success factor in investment attraction is the ability of localities to connect their knowledge, competencies, resources and people - both internally and externally.

With respect to the external dimension, we are in discussions with development agencies in India and the USA to link networks and clusters across different localities. We believe this will significantly enhance the connectivity of companies and research organizations, as well as the competitive advantages of the towns and regions concerned.

The particular problem we are addressing is the large element of ’hit and miss’ involved in innovation and commercial deals. This is intuitively understood by development agencies and companies, which is why they spend a lot of time connecting people via meetings, conferences, newsletters, websites, investment missions etc.

Take the example of the IT sector, where millions of executives and their staff worldwide compete daily to win business and to position themselves in each others’ markets. They crave knowledge about which agencies are letting contracts, who are the key decision-makers, and which local companies they should be getting close to. This is a costly and time-consuming activity because only a small percentage of firms are amenable to joint ventures or deals at a given time, and trust is not generated overnight. Wouldn’t life be easier if you had an agency on-the-ground to assist?

We are therefore in the process of identifying those networks that are serious and active about collaboration and two-way investment. The aim is to have a multi-country platform that identifies and connects the key agencies within particular industries. Our initial focus is on aquaculture, automotive parts, biofuels, biotech; dairy foods, electronics, environmental management; food manufacturing; healthcare; information technology; marine engineering; telecommunications; textiles.

We will be traveling to India and the USA - and then progressively to Thailand, Europe and other nations to complete our feasibility study. We are looking for potential collaborators. If you have a common interest, we surely would like to hear from you!

Rod Brown, Cockatoo Network, Canberra phone 61-2-62317261 or apd@orac.net.au

Rod Brown

Cockatoo Network

Canberra ACT Australia

02 - 62317261 Mobile 0412 922559

http://www.investmentinnovation.wordpress.com
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