8158.0 - Innovation in Australian Business, 2010-11 Quality Declaration
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 23/08/2012
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FINANCIAL INDICATORS
No expenditure on any activities related to the development or introduction of new or significantly improved goods, services, processes or methods was reported by more than one in three innovation-active businesses (37%). The proportion of businesses reporting no expenditure on any activities related to the development or introduction of new or significantly improved goods, services, processes or methods decreased with each successive employment size range, from 41% for businesses with 0-4 persons employed to 26% for businesses with 200 or more persons employed. Across all employment size ranges, acquisition of machinery, equipment or technology was the most frequently reported form of expenditure for the purpose of innovation, from 32% of innovation-active businesses with 0-4 persons employed to 48% for businesses with 200 or more persons employed. Businesses with 200 or more persons employed were more likely to report across the majority of activities related to innovation expenditure. For example, businesses with 200 or more persons employed were more than twice as likely to report expenditure on design, planning or testing as businesses with 0-4 persons employed (32% and 13% respectively). By industry, the highest proportion of businesses reporting acquisition of machinery, equipment or technology was Agriculture, forestry and fishing (52%) followed closely by Electricity, gas, water and waste services (51%). Businesses in the Rental, hiring and real estate services and Health care and social assistance industries were most likely to report expenditure on training (both 36%). The Transport, postal and warehousing and Financial and insurance services industries were the least likely to have expenditure on research and experimental development performed by the business (both 2%). Government Financial Assistance for Innovation Related Activities Innovation-active businesses were asked if they had received any financial assistance from Australian government organisations specifically for the purpose of innovation. Those that indicated that they had were asked which broad level of government provided this assistance.
Almost 4% of innovation-active businesses indicated receiving financial assistance from Australian government organisations for the development or introduction of new goods, services, processes or methods during the year ended 30 June 2011. Of these businesses 62% reported that this financial assistance was from the federal government, 51% from state/territory or local government. The proportion of businesses reporting that they received financial assistance from Australian government organisations for innovation increased with each successive employment size range from 1% for businesses with 0-4 persons employed to 10% for businesses with 200 or more persons employed. It is important for users to note that the population varies considerably between each employment size group. For example, 10% of innovation-active businesses with 200 or more persons employed reported receiving government financial assistance for innovation which represents approximately 400 businesses. While just 1% of innovation-active businesses with 0-4 persons employed reported receiving government financial assistance; this represents approximately 4,500 businesses.
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