Centre of Applied Innovation

Innovation Literacy

Whatever the outcome, the pressures to advance our education system will continue to be intense. As the conceptual share of the value added in our economic processes expands further, the ability to think abstractly will be increasingly important across a broad range of professions. Critical awareness and the abilities to hypothesize, to interpret, and to communicate are essential elements of successful innovation in a conceptual-based economy.

Remarks by Chairman Alan Greenspan

Structural Change in the New Economy

Before the National Governors’ Association, 92nd Annual Meeting, State College, Pennsylvania July 11, 2000

At Melbourne Polytechnic, we have established a transformational concept in education. Rather than relying on books and recall alone, we have placed the world’s innovations and innovators into each classroom. Whether it’s a professional discipline or a social impulse, our students and faculty can work together to learn what is the up-to-the-minute state of the art and see the progression of innovation getting us to this moment. Equipped with this information, students, faculty and collaborators can work together to apply the world’s leading innovation into contexts that make a difference in everyday life.

The unique elements of the educational experience we are establishing at Melbourne Polytechnic are intended to assist students gain the foundational knowledge and skills needed for a life in the 21st Century. Foundational understanding of analytics, computer science, design, engineering and business all need to be core capabilities of students (and industry) to thrive in the 21st Century. We intend to deliver this experience.



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