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A key theme of Malcolm Turnbull’s $1.1 billion innovation statement (growth/innovation/malcolm-turnbull-unveils-1-billion-innovation-statement/2015120716085.html) is the need to risk failure and learn from it.
 
“Sometimes entrepreneurs will fail several times before they succeed and will usually learn more from failure than success,” Turnbull said on Monday.
 
It’s estimated that about 90% of startups will fail,
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