|Page tools: Print Page Print All RSS Search this Product|
BUSINESS EXPENDITURE ON R&D (BERD)
In 2007-08, businesses with 200 or more employees made the largest contribution to BERD ($10,040 million or 70%), followed by those with 20-199 employees ($2,753 million or 19%). Making the smallest contribution to BERD were businesses with 0-4 employees ($477 million or 3%) and those with 5-19 employees ($1,109 million or 8%). Businesses with 200 or more employees contributed 71% ($1,302 million) of the total growth in BERD between 2006-07 and 2007-08.
TYPE OF EXPENDITURE
As in previous years, BERD in 2007-08 was mainly comprised of Current expenditure ($13,620 million or 95% of BERD). Current expenditure was in turn comprised of $8,690 million in Labour costs and $4,929 million in Other current expenditure. Capital expenditure in 2007-08 totalled $760 million.
The industries with the highest level of Labour costs as a proportion of its BERD were Retail trade and Education and training (both at 60%), while the lowest were reported in Mining and Electricity, gas, water and waste services (at 14% and 18% respectively).
Manufacturing ($272 million) and Mining ($155 million) combined made up more than half (56%) of total Capital expenditure.
SOURCE OF FUNDS
The Business sector was the main source of BERD funds in 2007-08, with $13,389 million (93%) coming from Own funds and $350 million (2%) from Other business. Commonwealth government and Overseas sources were the next largest funders of BERD, at $390 million (3%) and $192 million (1%) respectively.
Health care and social assistance and Professional, scientific and technical services industries had the lowest proportions of self-funded research, at 71% and 80% respectively.
LOCATION OF EXPENDITURE
Locations in New South Wales and Victoria continued to record the highest levels of BERD in 2007-08, at $4,371 million (30%) and $3,949 million (28%) respectively. Western Australia reported the largest absolute growth in BERD (up $532 million) from 2006-07, followed by Victoria (up $521 million) and New South Wales (up $361 million).
While Manufacturing accounted for the largest proportion of BERD in a majority of locations, in 2007-08 the dominant industry in Western Australia was Mining (making up 61% of WA BERD).
Western Australia (1.66%) and Victoria (1.47%) reported the highest percentages of BERD as a proportion of Gross State Product (GSP). Western Australia also experienced the largest increase in its BERD/GSP ratio from 2006-07, rising from 1.49% to 1.66%.
TYPE OF ACTIVITY
In 2007-08, the majority of BERD was directed into Experimental development ($8,966 million or 62%) and Applied research ($4,615 million or 32%). Experimental development showed the largest absolute growth between 2006-07 and 2007-08, increasing by $1,234 million.
FIELD OF RESEARCH
Accounting for 81% of BERD in 2007-08 were the research fields of Engineering ($7,921 million or 55%) and Information and computing sciences ($3,678 million or 26%).
SOCIO-ECONOMIC OBJECTIVE (SEO)
BERD on SEO Manufacturing ($4,522 million) was more than double that of any other SEO and accounted for 31% of BERD in 2007-08. Mineral resources (excluding energy resources) and Energy SEOs reported the next highest levels of BERD, at $2,057 million and $2,021 million respectively.
Wholly Australian owned businesses made the largest contribution to BERD at $6,353 million, however businesses with Greater than 50% foreign ownership reported the largest absolute growth from 2006-07, up $629 million.
These documents will be presented in a new window.