The WA government has signed a memorandum of understanding (MOU) with INSEAD Business School to help promote the state’s innovation capability.
This will include the potential development of a WA case in INSEAD’s Master of Business Administration curriculum, as well as the visit from current MBA students examining WA’s early stage innovation sector.
The objective of the MOU is to showcase the burgeoning innovation community in WA. A virtual case study based on a WA-based mining operation is to be developed in collaboration with the mining sector. This will highlight virtual business environments and support the automation and robotics in mining, along with automounts vehicle usage.
The announcement was made at an event held at Curtin University with representatives from the French and Singaporean campuses of INSEAD in attendance. The attendees are visiting Perth as part of two summer programs studying the local innovation system.
The visiting teams have already been in Perth for a week and met local founders and investors. They have been impressed by what they have seen so far, and will be here for the rest of the month. They will report back on their findings to the state government.
Along with Singapore and France, the business school has campuses in Abu Dhabi and San Francisco, and alliances with many top institutions. It is also ranked sixth in the QS World University Rankings: Global MBA Rankings 2021.
Team Startup Mates is really glad to have been given this opportunity by INSEAD and JTSI.
We have observed so far that Perth has a unique and growing startup ecosystem and we believe that it has potential to grow further with the right support from the state.
Hillary Su Wai Yee, INSEAD student from Singapore, speaking to Startup News
The MOU is supported through the $16.7 million New Industries Fund, which is designed to support the acceleration of new and emerging businesses in the state, and falls under the Department of Jobs, Tourism, Science and Innovation.
“We are proud to be the first jurisdiction in Australia to partner with the INSEAD Business School, which has been nurturing pioneers and innovators since its inception in 1967,” said Innovation and ICT Minister Stephen Dawson.
The MOU will promote the State’s burgeoning innovation capability, including facilitating case studies that will showcase our mining technology to the world. We are 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.
Stephen Dawson, Innovation and ICT Minister
