08.02.2015 Views

The Australian Government's Innovation Report

The Australian Government's Innovation Report

The Australian Government's Innovation Report

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

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

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!