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8101.0 - Innovation and Technology Update (Newsletter), Dec 2002  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 07/01/2003   
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Foreign ownership studies

As part of an initiative to expand the data available on economic globalisation issues, the ABS has embarked on a series of studies of the economic activity of majority foreign-owned businesses in Australia (a business is determined to be majority foreign-owned if more than 50% of its equity is held by foreigners).

Recent studies have examined the foreign ownership characteristics of specialist Information Technology (IT) businesses (in respect of 1998-99) and businesses undertaking research and experimental development (R&D) activity (in respect of 1999-2000).

The following articles summarise the results of those studies. Full results were reported in Australian Economic Indicators (Cat. no. 1350.0) editions of March and August 2002.

8.1 Foreign ownership characteristics of information technology businesses
8.2 Foreign ownership characteristics of businesses undertaking research and experimental development activity in Australia

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