Innovation and Business Performance in Australia

Innovation and Business Performance in Australia PDF Author: Indra Abeysekera
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This descriptive study aimed to examine entrepreneurship's and intrapreneurship's roles in translating innovation intention into performance by examining Australian businesses. The primary aim was to investigate whether innovation-active businesses outperformed non-innovation-active businesses. It used the summary data published by the Australian Bureau of Statistics about business innovations during the 2020-2021 financial year. The study included intrapreneurship and entrepreneurship as mediator constructs to hypothesised research questions. The study descriptively analysed data that compared performance increases from the 2019-2020 to 2020-2021 financial year of the Covid-19 crisis period. It found that innovation-active businesses outperformed non-innovation-active businesses. The performance increased with the size of the business, with large businesses performing best, followed by medium-sized and small businesses. There was no distinctive difference between those with innovation-active and non-innovation-active status for businesses that maintained the same or decreased performance. The Theory of Planned Behaviour provided the theoretical framework for the study. The study also found businesses post-crisis have broadened their performance outlook towards a triple bottom line way of thinking, contributing to economic, social, and environmental performance. Considering the findings, the study suggests some policy changes to help businesses thrive after the Covid-19 period.

Innovation and Business Performance in Australia

Innovation and Business Performance in Australia PDF Author: Indra Abeysekera
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This descriptive study aimed to examine entrepreneurship's and intrapreneurship's roles in translating innovation intention into performance by examining Australian businesses. The primary aim was to investigate whether innovation-active businesses outperformed non-innovation-active businesses. It used the summary data published by the Australian Bureau of Statistics about business innovations during the 2020-2021 financial year. The study included intrapreneurship and entrepreneurship as mediator constructs to hypothesised research questions. The study descriptively analysed data that compared performance increases from the 2019-2020 to 2020-2021 financial year of the Covid-19 crisis period. It found that innovation-active businesses outperformed non-innovation-active businesses. The performance increased with the size of the business, with large businesses performing best, followed by medium-sized and small businesses. There was no distinctive difference between those with innovation-active and non-innovation-active status for businesses that maintained the same or decreased performance. The Theory of Planned Behaviour provided the theoretical framework for the study. The study also found businesses post-crisis have broadened their performance outlook towards a triple bottom line way of thinking, contributing to economic, social, and environmental performance. Considering the findings, the study suggests some policy changes to help businesses thrive after the Covid-19 period.

Innovation and Performance

Innovation and Performance PDF Author: Simon Feeny
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This article empirically analyses the link between innovation and performance using a sample of large Australian firms, with a specific aim of developing benchmarking tools. Innovation is measured by firms' investment in R&D and applications for patents, trademarks and designs. An innovation index is constructed to provide one method of benchmarking. The index incorporates a firm's innovative activities into a single figure after accounting for firm size. The index provides a ranking of the most innovative firms in Australia. A second method of benchmarking uses a stochastic production frontier. This type of analysis identifies the firms which are located closest to a 'best practice innovation frontier'

Business Innovation

Business Innovation PDF Author: Australia. Department of Industry, Tourism, and Resources
Publisher:
ISBN:
Category : Research
Languages : en
Pages : 122

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Integrating Innovation

Integrating Innovation PDF Author: Göran Roos
Publisher: University of Adelaide Press
ISBN: 1922064912
Category : Business & Economics
Languages : en
Pages : 402

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Book Description
South Australia is a small economy that faces a fundamental need to re-shape its approach to innovation. The manufacturing sector, as the backbone of the state’s economy, has and will continue to change in its nature and form. This necessitates a re-think about how innovation happens and how the respective actors within an economy interact and engage with each other. In effect, innovation relies on intersections between people, knowledge, information sharing, ideas, financial and other resources. Innovation happens through regional social and economic system dynamics; innovation relies on a system view of entrepreneurship. Entrepreneurship can be taken as a study of the entrepreneur and new business creation. However, this conception of entrepreneurship misses the critical link to economic outcomes; the ebb and flow of social and economic fortunes that are underpinned by the actions, reactions and engagement of individuals in a specific social and economic system that brings about innovation and change. In this book the authors are exploring how the linkages within the system can be conceptualised and made transparent.

Delivering Innovation, Knowledge and Performance

Delivering Innovation, Knowledge and Performance PDF Author: Leo Jago
Publisher:
ISBN: 9780646531328
Category : Business
Languages : en
Pages : 0

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Book Description


Assessing the Innovation System of Australia. The Influence of Australian Economy

Assessing the Innovation System of Australia. The Influence of Australian Economy PDF Author: Max Radünzel
Publisher: GRIN Verlag
ISBN: 3346338983
Category : Political Science
Languages : en
Pages : 20

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Book Description
Seminar paper from the year 2020 in the subject Politics - Region: Other States, grade: 1,7, Private University of Applied Sciences Goettingen, language: English, abstract: The paper questions what influence high-growth firms in Australia have on the Australian innovation system. Is their influence on the innovation system as significant as their contribution to the Australian economy? What role do research and development activities play in this context, especially research and development expenditures? It is the aim of this scientific work, especially with publications from the Australian government, to provide answers to these questions. To answer the questions just mentioned, this paper is structured as follows. Section 2 deals entirely with the phenomenon of high-growth firms in Australia. First, a few selected data on the Australian economy are presented and put into context with those of another economy. In addition, two innovation indices are discussed in order to classify Australia's innovative capacity. Sections 2.1 and 2.2 define high-growth firms, explain their typical characteristics and then discuss the performance of high-growth firms and their impact on Australian economic performance. Section 3 continues with the relationship between business performance and innovation. It uses literature and studies to explain the relationship between business performance and innovation and how it is expressed. Building on this, Section 3.1 discusses the role of R&D activities and especially research and development expenditure in high-growth firms in Australia in this relationship. Finally, before concluding this paper, Section 4 provides an outlook on the impact of high-growth firms on Australia's innovation system. First, we define what is meant by a national innovation system and then use this as a basis for answering the main question of this paper.

Innovation, Entrepreneurship, and Business Performance

Innovation, Entrepreneurship, and Business Performance PDF Author: Craig Lee
Publisher:
ISBN:
Category : Entrepreneurship
Languages : en
Pages : 229

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Innovation is for Everyone: Accelerating Australia's Innovation Agenda

Innovation is for Everyone: Accelerating Australia's Innovation Agenda PDF Author: Brad Howarth
Publisher: TCG Publishing
ISBN: 9781646061594
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
This book explores the reasons for Australia's poor innovation performance and provides strategies to get things moving. It is the culmination of conversations with leading thinkers from the realms of politics, academia, and the public and private sectors.

What's Driving Innovation in Small Businesses in Australia? The Case of the Food Industry

What's Driving Innovation in Small Businesses in Australia? The Case of the Food Industry PDF Author: Franklin A. Soriano
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
There is strong evidence that innovation is a primary driver of a nation's economic growth. As Australia continues to compete in the global economy, it is imperative that businesses should be innovative to improve their performance. In this paper, we evaluate the status and main drivers of innovation in small businesses in the food sector in Australia. Discrete choice modelling and bootstrapping procedures are applied to a panel of firm-level data collected through the ABS Business Characteristics Survey (2006-2007 to 2010-2011 for the Australian Bureau of Statistics' Business Longitudinal Database Confidential Unit Record File) to investigate the factors affecting the likelihood of small food businesses to innovate. Results show that businesses are more likely to innovate if they collaborate, have higher information and communication technology intensity, and use science, technology, engineering and mathematics skills. We also found that small food businesses, even at the subsector level, do combine different types of innovation when innovating. The propensity to innovate also increases for small businesses that have flexible working arrangements, face moderate-to-strong market competition, operate overseas and seek finance through debt and equity. The relative importance of these factors was found to vary between agricultural and nonagricultural food subsectors.

Innovation and Firm Performance in Australian Manufacturing

Innovation and Firm Performance in Australian Manufacturing PDF Author: Robert Phillips
Publisher:
ISBN: 9780646335230
Category : Industrial research
Languages : en
Pages : 87

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Book Description