Australian Bureau of Statistics
8158.0 - Innovation in Australian Business, 2010-11 Quality Declaration
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 23/08/2012
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DRIVERS OF INNOVATION
Across all employment size ranges, profit related reasons were the most reported driver for undertaking innovative activity. Overall, increase responsiveness to customer needs (50%) and increase or maintain market share (40%) were the next most reported drivers.
More than a third of businesses reported that a driver for innovative activity was to establish new markets, while increase export opportunities was the lowest reported driver for innovative activity across all employment size ranges.
Businesses with 200 or more persons employed were more than twice as likely to report improve safety or working conditions as a driver of innovation (37%), compared to businesses with 0-4 persons employed (14%).
By industry, businesses in Information media and telecommunications were most likely to report competition, demand and market related reasons (87%) and production and delivery reasons (70%) as drivers of innovation. Businesses in Electricity, gas, water and waste services were almost twice as likely than any other industry to report the reduction of environmental impacts as a driver of innovation (42%).
This page last updated 22 August 2012
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