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Digitally enabled uplift of rural and regional communities by increasing innovation and entrepreneurship capacity, creating enterprise/employment opportunities, and opening the way to Asian markets, investments through strategic partnerships ICT-Enabled Rural Community Development Australia and Malaysia Experiences Workshop on 19 th August 2013 Based on project funded by Australia Malaysia Institute Located at the University of South Australia Law School Level 1, Room 30 George St entrance, City West

The WORLD has changed - UniSA...The WORLD has changed … The WORLD has changed … blogging, have risen rapidly more than five-fold from 36 million blogs in 2006 to 181 million in

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Page 1: The WORLD has changed - UniSA...The WORLD has changed … The WORLD has changed … blogging, have risen rapidly more than five-fold from 36 million blogs in 2006 to 181 million in

Digitally enabled uplift of rural and regional communities by increasing

innovation and entrepreneurship capacity, creating enterprise/employment

opportunities, and opening the way to Asian markets, investments through

strategic partnerships

ICT-Enabled Rural Community Development

Australia and Malaysia Experiences

Workshop on 19th August 2013

Based on project funded by Australia Malaysia Institute

Located at the University of South Australia

Law School

Level 1, Room 30

George St entrance, City West

Page 2: The WORLD has changed - UniSA...The WORLD has changed … The WORLD has changed … blogging, have risen rapidly more than five-fold from 36 million blogs in 2006 to 181 million in

New Sources of Growth – Moving Forward

Bill CHIN | Adjunct Senior Research Fellow | Australian Centre for Asian Business

Page 3: The WORLD has changed - UniSA...The WORLD has changed … The WORLD has changed … blogging, have risen rapidly more than five-fold from 36 million blogs in 2006 to 181 million in

The WORLD has changed …

Page 4: The WORLD has changed - UniSA...The WORLD has changed … The WORLD has changed … blogging, have risen rapidly more than five-fold from 36 million blogs in 2006 to 181 million in

1975

2012

The WORLD has changed …

Page 5: The WORLD has changed - UniSA...The WORLD has changed … The WORLD has changed … blogging, have risen rapidly more than five-fold from 36 million blogs in 2006 to 181 million in

The WORLD has changed …

Page 6: The WORLD has changed - UniSA...The WORLD has changed … The WORLD has changed … blogging, have risen rapidly more than five-fold from 36 million blogs in 2006 to 181 million in

blogging,

have risen rapidly

more than five-fold from

36 million blogs in 2006 to

181 million in 2011

the world’s largest onlineprofessional network, announced in

February 2012 that it has 150 million members,

A COMBINED 80 MILLION VISITORS VISITED

WORDPRESS AND TUMBLR SITES IN THE MONTH OF OCTOBER 2011

the social networking site which has seen exponential growth

since its launch in 2004, had 955 million monthly active users as at July 2012

the social networking and microblogging service, had more than 140 mil.

active users as at March 2012, with more than 1 bil. tweets sent every three days

February 2012 that it has 150 million members,a 20 million increase compared to November 2011

The WORLD has changed …

Page 7: The WORLD has changed - UniSA...The WORLD has changed … The WORLD has changed … blogging, have risen rapidly more than five-fold from 36 million blogs in 2006 to 181 million in

…and Closer to Home!

Page 8: The WORLD has changed - UniSA...The WORLD has changed … The WORLD has changed … blogging, have risen rapidly more than five-fold from 36 million blogs in 2006 to 181 million in

Take-off

Drive to maturity

Age of High mass consumption

Primary

CommoditiesProduction-based Knowledge-based

3

4

5

Traditional society

Preconditions for take-off

*Rostow's Stages of Growth model

Economic Progression

1

2

3

Page 9: The WORLD has changed - UniSA...The WORLD has changed … The WORLD has changed … blogging, have risen rapidly more than five-fold from 36 million blogs in 2006 to 181 million in

Economic Growth…the process by which a nation’s wealth increases over time…

Physical

Capital

Human

Capital

Financial

Capital

* http://www.reference.com/

Capital Capital

Natural

Resources

Capital

Talent

Resources

Page 10: The WORLD has changed - UniSA...The WORLD has changed … The WORLD has changed … blogging, have risen rapidly more than five-fold from 36 million blogs in 2006 to 181 million in

Connect…Communicate…Collaborate…Consume

Page 11: The WORLD has changed - UniSA...The WORLD has changed … The WORLD has changed … blogging, have risen rapidly more than five-fold from 36 million blogs in 2006 to 181 million in

New Sources of GrowthNew Sources of Growth

Initiation, Funding, Technology, Education

Government Intervention

Policies, Laws

Funding Jobs Services Tech

Who?

Employment Opportunities Employment Opportunities

New Sources of GrowthNew Sources of Growth

Innovation & Entrepreneurship

Cultures & Traditions

Infrastructure & Amenities

ICT/Digital Technology

Diffusion & Adoption

Automation Technology

Equipment/Tools

Why?

What?

ICT-Enabled Rural Community Development : Critical Success Factor Considerations

Page 12: The WORLD has changed - UniSA...The WORLD has changed … The WORLD has changed … blogging, have risen rapidly more than five-fold from 36 million blogs in 2006 to 181 million in

Citizen

GovernmentBusiness

Page 13: The WORLD has changed - UniSA...The WORLD has changed … The WORLD has changed … blogging, have risen rapidly more than five-fold from 36 million blogs in 2006 to 181 million in

• Customers

• Funding

• Community

C2C : Collaborative Consumption – Bridging Demand to Supply

Page 14: The WORLD has changed - UniSA...The WORLD has changed … The WORLD has changed … blogging, have risen rapidly more than five-fold from 36 million blogs in 2006 to 181 million in

Business

Innovation(P

re,

Sa

le,

Po

st)

Co

mb

ina

tio

n o

f P

rod

uct

s a

nd

Se

rvic

es

Cu

sto

me

rs Same ProductsNew Services

New TechnologiesSame Partnerships

New MarketsSame Pricing

Pro

du

cts

Se

rvic

es

(Pre

, S

ale

, P

ost

)

Co

mb

ina

tio

n

Cu

sto

me

rs

Pa

rtn

ers

Su

pp

lie

rs

Pri

cin

gProducts X � � � � � �

Services (Pre, Sale, and Post) � X � � � � �

Combination of Products and Services � � X � � � �

Customers � � � X � � �

Partners � � � � X � �

Suppliers � � � � � X �

Pricing � � � � � � X

Same ProductsNew Services

New Combination of Products & Services

Same ServicesNew Products

Same Products

Same MarketSame MarketSame MarketSame MarketNew Customers

New MarketsSame Products

C2C : Collaborative Consumption – Bridging Demand to Supply

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Partnerships

Demand

Innovation

Supply

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Page 17: The WORLD has changed - UniSA...The WORLD has changed … The WORLD has changed … blogging, have risen rapidly more than five-fold from 36 million blogs in 2006 to 181 million in

Thank you

[email protected] billcychin billcychin