Source: Unsplash/Christina @ wocintechchat.com.
article-article-body
While a few notable tech startups have come out of Australia — think Canva, Atlassian and Linktree — the truth is, Australia’s digital prowess is severely lacking compared to its overseas counterparts.
A 2022 report from IMD points to a worrying trend within Australia’s digital competitiveness, dropping five places to 20th in the Institute for Management Development (IMD)’s World Digital Competitiveness Ranking (WDCR). It’s the third year in a row Australia has fallen in the rankings, with only Poland and Bulgaria recording bigger falls across the global ranking of 64 countries.
In some respects, comparing Australia to tech powerhouses like the US and the UK is like comparing apples to oranges.
Handpicked for you
How to get 65% more funding interest in your startup
As an entrepreneur pitching investors for capital, choosing the right elements to include in your presentation is pivotal.
Fail faster: Business lessons from my lawn startup that failed to grow
Alasdair Bell launched Yarda to help people get better results with their lawns, but the startup didn't work out. Here's what happened.
COMMENTS
Reader comments will be back online shortly. In the interim send us any tips or feedback via news@smartcompany.com.au.