1. Vocational Education in a Knowledge Economy

2. EDUCATION IN A KNOWLEDGE ECONOMY

4. THE SOUTHERN CROSS
THE COALSACK
ALPHA CENTAURI

7. Fourth Industrial Revolution | Cyber Physical Systems

8. Tertiary Education Challenge
Our existing University and Vocational Training constructs are currently not structured to support a shift towards a knowledge economy
Three Fundamental Challenges:
What we are teaching
How we are teaching
How we are approaching innovation

9. What We Teach Needs to Change Lessons from Canada and Australia

13. Australian Bachelor Student Employment Outcomes
Bachelor student employment outcomes are at historic low levels
In 2016, only 66.1% of bachelor students are expected to be in full time work within four months of graduation – but not necessarily in occupations relevant to their field of study

16. A New Foundational Knowledge Base
Business Acumen
Analytics
Financial systems
Design Thinking
Engineering
Rapid Protyping
Information Systems

17. Underlying Competencies for the 21st Century
Complex Problem Solving
Critical thinking
Creativity
People Management
Coordinating with Others
Emotional Intelligence
Judgement and Decision-making
Service Orientation
Negotiation
Cognitive Flexibility
Complex Problem Solving
Coordinating with Others
People Management
Critical thinking
Negotiation
Quality Control
Service Orientation
Judgement and Decision-making
Active Listening
Creativity
Source: Future of Jobs Report: World Economic Forum

18. How we teach needs to change

20. 21st Century Education Model
Transdisciplinary
Interdisciplinary
Students undertake real world problems or projects, students apply knowledge and skills from two or more disciplines and help shape the learning experience.
Multidisciplinary
Students learning concepts and skills from two or more disciplines that are tightly linked so as to deepen knowledge and skills.
Disciplinary
Students learning concepts and skills separately in each discipline but in reference to a common theme.
Students learning concepts and skills separately in each discipline.

22. Innovation
Innovation is arguably the single greatest opportunity and risk facing Australia’s capacity to thrive in a 21st Century global knowledge economy.

24. A DIFFERENT APPROACH TO INNOVATION
New Capabilities
Complex Problem Solving
Critical Thinking
Integration
Synthesis
Creative Thinking
Collaboration
Emotional Intelligence
Negotiation
Cognitive Flexibility
Broader Knowledge
Business Acumen
Analytics
Financial systems
Design Thinking
Engineering
Supply Chain Logistics
Information Systems
Rapid prototyping
WHAT IS THE OPPORTUNITY
Emerging Technology
Existing IP
Analytics
Research
Partners & Resources

25. Open Source Innovation - Single Biggest Asset
Australia has the lowest level of patent protection of all G20 countries
Historically – 92%
Last 5 years – 97%
Bangladesh has one of the lowest level of patent protection globally
Historically - 71 patents out of 88 million %
$2 Trillion of IP across the WTO
Its only an asset if we know how to discover the IP and then know how to integrate and synthesize

28. Thank you