WRITER: Marie Wilson
Space: the final frontier—When Captain James T. Kirk first spoke these words in the 1960s television series, Star Trek, few people could have predicted that within three years, we’d first step foot on the moon. Yet on 20 July, 1969, we did just that. The culmination of decades of pioneering technology, this historic moment represented a massive shift in what people believed was possible.
It required the development of new technologies that had impact far beyond and the moon, and it disrupted the way we thought about our world, and the technologies of flight and communication. Now near-earth space has become a communication highway, with an increasing number of sensors and communication relays that are an increasing focus of technological innovation on earth.
It required the development of new technologies that had impact far beyond NASA and the moon, and it disrupted the way we thought about our world, and the technologies behind flight and communication. Now, near-earth space has become a communication superhighway, with an increasing number of sensors and communication relays that are a burgeoning focus for technological innovation on earth.
Disruption, like innovation, has become a business buzzword. Disruption is typically used to describe innovations that displace – or dramatically interrupt—how we think, behave, live and do business. At once, it is both destructive and creative. We are in an era when space travel and rocketry are transitioning from government to the private sector, from enormous technical enterprises to micro-businesses and smart start-ups. This will disrupt a wide range of traditional supply chains and infrastructure, and change the assumptions in our businesses.
At the UniSA Business School, we are dealing with the disruption of business education globally. As a premier Australian business school—ranked in the top one per cent worldwide for our excellence in business, research and education—we support businesses to excel in a context of disruption. And with disruption at the forefront of today’s start-up landscape, it’s timely that this is the focus of our new issue of unisabusiness magazine.
From understanding the impact of new technologies, to exploring the exponential possibilities of innovations in space, this issue takes you through a journey of disruptive innovations poised to transform the world.
In The Sharing Economy, we consider the rise of peer-to-peer platforms, evaluating the impact of big-player start-ups, like Airbnb and Uber, as well as the new micro- entrepreneurs borne from their spin-outs. Without doubt, traditional businesses are feeling the pinch of collaborative consumption, and it’s apparent that greater regulatory input is needed in order to achieve synergy between the old and new.
We take both a step forward and a step back in time in The Future of Transport, where we assess the impact of autonomous transport and the likelihood of driverless cars, pilotless planes and other unmanned vehicles. With breakthrough technologies, economic, and sustainable practices leading the way, it seems just a matter of time before autonomous travel takes pride of place on our roads.
New legislation from the Australian Securities and Investments Commission has also changed the state of play for start-ups, and in Decoding Equity Crowdfunding, we investigate the eligibility of publicly unlisted companies to raise funds from the ‘crowd’. With small companies now able to raise capital from groups of online investors, we’re likely to see significant and much welcomed growth in this sector.
This issue of unisabusiness magazine seeks to challenge and inspire you to think differently about the ever-changing business environment. Exploring transformative technologies and breakthrough innovations, it’s easy to see how disruption is now cemented in our everyday reality.
Our world is certainly changing; through this collection of articles we hope to help you keep up.