Key points 42% of employing businesses were innovative and these businesses accounted for 70% of the economy’s employment, capital expenditure and business income. Australian SMEs rank high on innovation compared to OECD counterparts Australian businesses rank low on new-to-market innovation compared to other countries Australia has 19 industries that are internationally competitive with all but...

A review of the NSRC (the Review) is currently being undertaken to ensure future collections are relevant, align with current and emerging priorities for research commercialisation in Australia, are targeted to sector priorities and comparable with international data sources. Consideration of new metrics including options to introduce research/industry engagement measures will be included in the...

The Innovation Policy Report is produced by the Department of Industry, and aims to highlight developments in the innovation policy area. It also includes reference to relevant innovation documents and events.

Introduction As a key, business-focused element of the Economic Action Strategy, the Industry Innovation and Competitiveness Agenda brings together and builds on the Government’s other economic reform efforts to make the most of Australia’s strengths and business opportunities. Through the Competitiveness Agenda, the Government aims to achieve four overarching ambitions: A lower cost, business friendly...

The Innovation Policy Report is produced by the Department of Industry, and aims to highlight developments in the innovation policy area. It also includes reference to relevant innovation documents and events.