The IERG is concentrating on innovation and entrepreneurship and how they manifest in the context of new markets, new products, and new business processes. The Group is also concentrating on understanding and developing the following key areas of knowledge:
- Business innovation and its ecosystems, for example alternative business models for high-value Australian exports
- Innovation and entrepreneurship in the creative industries, specifically the implications of value creation and exchange in the creative industries (for example publishing, film, and design)
- How entrepreneurial activity can be identified and measured. This project includes the OECD
- Social entrepreneurship, in particular the geographical, cultural and structural issues confronting business in remote and indigenous Australia
- How entrepreneurial activity manifests in developing economies (specifically India and China)
- How corporate entrepreneurial activity is managed/encouraged in mature Australian corporations, particularly in the context of seeking new international markets.
- The internationalising and innovative behaviours over time of ventures with highly-valued intellectual property
The International Entrepreneurship Research & Education Programme
The Global Entrepreneurship Research Center of Zhejiang University and The Innovation & Entrepreneurship Research Group of The University of Sydney have established a programme of research, education and outreach activities in international entrepreneurship that will complement and strengthen their respective activities. The Programme focuses on research and postgraduate student education.
The Programme is initially proposed as a bilateral activity, with the intention of growing the membership to include the top entrepreneurship-focussed Universities globally. This Programme is a joint initiative by the respective entrepreneurship groups, and falls under the MOU signed between both institutions at the University level in May 2008.