Australian Innovation System Report
The annual Australian Innovation System Report explores the impact of innovation and related activities on business, industry and national performance.
The report also outlines challenges and future opportunities for Australian innovation.
These tables explore a multitude of aspects of the Australian innovation system through time. They also compare Australia to the OECD+ category to provide a benchmark and an understanding of how close Australia is to the innovation frontier. OECD+ includes all countries belonging to the OECD, plus Singapore, China and Taiwan.
(Tables updated 25 July 2016)
Data tables are updated at the end of each month.
The Australian Innovation System Report will be released later in the year.
The following research papers underpin the 2016 report:
The Australian Innovation System Report 2015, the sixth in the series, explores innovation through the lens of innovative entrepreneurship. Using newly obtained data, it analyses how start-ups and younger businesses often behave differently and are more likely to report increases in employment, sales, profitability, productivity, product range and product innovation.
A small number of high growth start-ups are shown to contribute disproportionately to jobs growth in the Australian economy. While Australia has some of the highest proportions of start-ups and younger businesses in the OECD and framework conditions are generally favourable, the Report identifies areas for improvement such as cluster development, corporate culture for innovation and access to early stage finance.
The interactive National Innovation Map identifies the location of innovation activities (R&D expenditure, patent and trademark counts) and business creation (new businesses) across Australia over time.
The following research papers underpin the 2015 report:
- 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 one sector having high innovation capability.
- Australia is ranked high in the world at 20 out of 144 countries on the Global Competitiveness Index and ranked moderate among OECD countries at 15 out of 34 countries
- Australian economic with Asia has increased in the last decade
- Two factors; innovation capacity and knowledge of Asian markets, are fundamental to successful engagement with Asia
- Australian SMEs in select industries are ranked high on innovation compared to European counterparts.
Collapsed - 2012
- Innovation as a tool to facilitate growth in productivity, market diversity, exports and employment.
- Significant benefits accrue to business and, in aggregate, the economy and society, where a culture of innovation is pursued.
- Innovation delivering greater resilience at a business and an economy-wide level, greater ability to handle shocks and changing business and economic conditions.
Collapsed - 2011
- Metrics and baseline indicators which track progress against the Government’s innovation priorities and targets – these metrics are presented under four themes: skills and research capacity, business innovation, links and collaboration and public sector and social innovation
- Features and trends of the Australian innovation system and performance as a whole by comparing Australia’s innovation performance to other OECD countries in areas such as framework conditions for entrepreneurship and innovation, the ways Australian firms innovate, investment in intangible capital, collaboration and skills used and shortages
- Actions, achievements, and forward plans of various participants in the national innovation system, including governments, public sector researchers, and industry.
Collapsed - 2010
- metrics and baseline indicators which compare Australia’s innovation performance to other OECD countries and tracks progress against the Government’s innovation priorities and targets – these metrics are presented under the four policy themes identified in Powering Ideas: skills and research capacity, business innovation, links and collaboration and public sector innovation;
- features and trends of the Australian innovation system and performance as a whole, including Australia’s performance on Gross Expenditure on Research and Development (GERD), investment in knowledge, proportion of innovating businesses, collaboration and networking, skills used and shortages and trends in Multi-Factor Productivity (MFP) growth; and
- actions, achievements, and forward plans of various participants in the national innovation system, including governments, public sector researchers, and industry.