8166.0 - Summary of IT Use and Innovation in Australian Business, 2010-11 Quality Declaration
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 26/06/2012
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INNOVATION STILL IN DEVELOPMENT
One in five businesses reported innovation still in development as at 30 June 2011. The proportion of businesses reporting innovation still in development was greater for each successive employment size, ranging from 14% for businesses with 0-4 persons employed to 38% for businesses with 200 or more persons employed.
New goods or services and marketing methods were the most commonly reported types of innovation that were still in development as at 30 June 2011 (both 10%).
By industry, Wholesale trade recorded the highest proportion of businesses with innovative activity still in development (32%), followed by Information media and telecommunications (30%) and Professional, scientific and technical services (27%). Businesses within Transport, postal and warehousing were least likely to report innovation still in development (9%).
The highest proportion of businesses with new goods and services still in development was in the Information media and telecommunication industry (20%). Businesses within the Financial and insurance services industry recorded the highest proportion of businesses with new operational processes still in development (16%), while businesses within the Professional, scientific and technical services industry reported the highest proportion for new organisational/managerial processes still in development (13%). The industry with the highest recorded proportion of new marketing methods still in development was Arts and recreation services (18%).