SOCIO-ECONOMICS OF RADICAL INNOVATION: CASE STUDY OF AUSTRALIA
Author / authors
This article presents an example of radical social innovation. It concentrates at changes that Australia has undergone during the past forty years. They have annihilated the main pillars of the ‘Australian settlement’, which happened to be beneficial for the country. The article is an attempt to present main benefits and the whole process of changes that drove to final implementation of the social and economical innovation.