Search

The second Accelerating NSW report, supported by Investment NSW, presents an analysis of CAISH-focused data from the 2023 Startup Muster survey of the Australian startup ecosystem. The new report contains quantitative analysis and targeted recommendations, building on the ecosystem mapping, literature review and insights from qualitative interviews in the first Accelerating NSW report.

This report, supported by Investment NSW, shows the state of NSW’s ecosystem of coworking spaces, accelerators, incubators, and startup hubs and outlines how policymakers and partners in the innovation ecosystem can more robustly measure the impact of these entities on the wider economy.

This paper maps the evolution of the Australian start-up and innovation ecosystem by exploring policy developments and mapping the key actors, activities, and artefacts. The study unpacks policy developments over the past two decades to show the government’s role in shaping the innovation ecosystem and the implications for start-ups. We outline the ecosystem’s key actors, including start-ups, scale-ups, support organisations, investors, research institutions, and their growth over time. We examine the artefacts of the ecosystem to understand start-up and innovation performance in a global context. We also explore the activities of the ecosystem in terms of collaboration, research, and development. The paper concludes with a discussion of policy gaps.