The Australian Government's Innovation Report
The Australian Government's Innovation Report
The Australian Government's Innovation Report
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Compared to the 2004 scorecard Australia increased its position within the OECD in:<br />
• broadband subscribers (4 places);<br />
• investment in venture capital (2 places);<br />
• internet users (2 places);<br />
• number of US patents (1 place); and<br />
• business sector expenditure on R&D (1 place).<br />
Australia has decreased its position within the OECD in:<br />
• scientific and technical articles (1 place);<br />
• tertiary education (2 places);<br />
• investment in ICT (1 place);<br />
• international science and engineering collaboration (1 place); and<br />
• average annual multifactor growth (3 places).<br />
Figure 4 compares Australia with the OECD leader’s performance for each indicator. This shows that Australia<br />
is well placed compared to the leader with respect to internet usage, venture capital, investment in ICT, science<br />
graduates in the labour force, and the proportion of innovating businesses but is significantly behind the<br />
OECD leader with respect to patenting in the US, business expenditure on R&D, multifactor productivity,<br />
and broadband subscribers.<br />
FIGURE 4: Australia’s innovation performance compared to the OECD leader, 2006 scorecard<br />
Public R&D<br />
Scientific & technical articles per capita<br />
US patents per capita<br />
Business R&D<br />
Tertiary education<br />
Science graduates in employment aged 25-34<br />
Researchers in labour force<br />
Venture capital<br />
Investment in ICT<br />
Internet usage<br />
Broadband subscribers<br />
Investment in new equipment<br />
Novel innovators with collaboration activity<br />
International S&E collaboration<br />
MFP growth 1999-2003<br />
<strong>Innovation</strong> turnover as a percentage of total sales<br />
Proportion of innovating businesses<br />
Businesses selling over the internet<br />
0.0 0.5 1.0 1.5 2.0 2.5 3.0<br />
Ratio to OECD Average<br />
Sources: See Table 13.<br />
Australia<br />
OECD leader<br />
130 Backing Australia’s Ability