New biotechnology projects take time to progress through the development pipeline making such investments inherently risky. Tax incentives and other policy mechanisms provided by the Australian Government to mitigate these risks have social benefits beyond the financial success of individual firms.
Using a data mining clustering method, this paper identifies patterns of economic resilience in regions by industry categories. Preliminary results show different resilience patterns and varied stability to this resilience for industry/functional regions ranging from non-resilient to very resilient regions.
In undertaking this inquiry, the Productivity Commission was asked to consider whether current arrangements provide an appropriate balance between access to ideas and products, and encouraging innovation, investment and the production of creative works.
This paper provides a comprehensive overview of the regulatory environment in Victoria, how it relates to automated vehicles and plans to make changes to the regulatory framework that will support the testing and development of highly automated vehicle technology.