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| Commercialisation of IP and IT products for Australian children: trends and statistics | | Print | |
| Written by Noric Dilanchian | ||||||
| Tuesday, 11 March 2008 | ||||||
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A recently released Australian Government survey contains good statistics on the habits of young people today and their use of digital media. It is relevant for developers, distributors and financiers of intellectual property (IP) products for teenagers and young adults. It is useful for commercialisation or IP valuation of a social media website, educational site, online game, software program, or other IT product.
The data is in a major December 2007 Australian Government report titled Media and Communications in Australian Families 2007. The report's overview PDF is here. The full report documents are available in Word and PDF here. There's also a Flash presentation here.
The data was collected in March to June 2007 during a survey of 715 families, in which three-day time use diaries were applied for 1,003 children aged 8 to 17. Some findings stand out and sometimes contrast with use patterns in the mid-1990s.
To keep things in perspective, outdoor physical activities, going out, listing to music, reading, drawing and hanging out with friends remain among the favourite activities of children aged 8 to 17.
Such non-electronic activities take up 51% of the discretionary time of kids, compared to 49% of discretionary time spent by kids on electronic activities. That figure of 51% was the same in 2007 and in 1995. So what has changed? Maybe watching less TV? Comments welcome.
The digital media habits noted in the report are signs to take into consideration as you consider commercialisation of your intellectual property targeted for children or those coming into early adulthood in the next few years. Entrenched habits of teenagers today are likely to stay with them and support sustainable markets for some years.
To discuss your project and how we might assist, call for a complementary conversation on (+612) 9269 0229. | ||||||
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