Project Description

Take me to report

Published: 2020
Geography: AUS
Author: Innovation and Science Australia

The report indicates that business expenditure on research and development (R&D) is not a strong predictor of innovation investment. Analysis forthis report shows that sectors where many firms are actively innovating are more likely to have greater productivity, whether or not they undertake R&D. Australian firms that invested in innovation (of any type) had higher revenue and job growth than those that did not.