Qld govt launches new innovation roadmap

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The Queensland government has launched a 10-year innovation roadmap it hopes will transform the economy in time for the 2032 Olympics.

Premier Annastacia Palaszczuk says the $140 million plan will foster emerging industries such as artificial intelligence, robotics and biotechnology.

"Innovation means jobs," the premier told reporters at The Precinct in Fortitude Valley.

"This is about how we can do things smarter in our state

"This investment is another way that we're supporting good, secure jobs in emerging industries."

The government will invest in new and existing programs under the Advance Queensland scheme, draw up plans for innovation precincts, an innovation action plan and increase funding for the state's chief entrepreneur.

It will also fund Department of Environment and Science to support industry-science centres and partnerships with universities.

Ms Palaszczuk hopes Queensland will be the nation's "start-up capital" in time for the 2032 games.

"Queensland is now the second startup capital in the nation," she said.

"I want to see it number one."

She said new hubs will be set up on the Gold Coast, Townsville, Cairns, Mackay and Toowoomba to foster innovation in regional Queensland.

"Innovation is not just in the city," the premier said.

"Innovation is out in the fields. We've got cattle producers using it, we've got the tourism industry using it.

"It's part of our traditional industries, but it's also about our new industries as well."

Queensland Chief Entrepreneur Wayne Gerard said the roadmap could make the state renowned for technology breakthroughs.

Liberal National Party innovation spokesman Sam O'Connor criticised the small amount of money being invested in the roadmap.

He said after investing $755 million in innovation in seven years, the government would only be spending $142 million over the next decade.

"The government has cut funding designed to support this vital part of our economy at a time we should be investing in new jobs in future industries," Mr O'Connor said.

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