Australian Bureau of Statistics
1301.0 - Year Book Australia, 2003
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 24/01/2003
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Innovation is a measure of the extent to which science and technology are used within businesses to create new products or to implement new processes for the provision of goods and services. Innovation surveys provide a wider measure of the innovation process than R&D surveys.
Innovation depends on other aspects of what the OECD calls a 'knowledge-based economy', such as human capital and information and communications technology. In August 2002, the ABS published a framework for analysis, Discussion Paper: Measuring a Knowledge-based Economy and Society - An Australian Framework (1375.0). The aim of the framework is to enable assessment, through use of relevant statistics, of the degree to which Australia is a knowledge-based economy and society.
This page last updated 20 January 2006
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