8104.0 - Research and Experimental Development, Businesses, Australia, 1998-99
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 03/07/2000
|Page tools: Print Page Print All|
Business R&D falls for third year in a row
Research and development (R&D) undertaken by Australian businesses decreased for the third consecutive year in 1998-99.
Figures released today by the Australian Bureau of Statistics (ABS) show estimates of business expenditure on research and development (BERD) were down 5 per cent in current price terms compared with 1997-98 and 9 per cent compared with 1995-96. Human resource effort expended on R&D was down 1 per cent.
BERD had been steadily increasing before 1996-97, with average annual rates of growth between 1992-93 and 1995-96 of 15 per cent in current prices and 13 per cent in volume terms.
As a result of the falls, BERD as a proportion of Australia's Gross Domestic Product (GDP) fell from 0.86 per cent in 1995-96 to 0.67 per cent in 1998-99. Most other OECD countries increased their BERD/GDP ratios over this period.
The mining industry recorded a 10 per cent decrease in R&D expenditure, while the manufacturing industry also fell by 7 per cent. R&D expenditure by other industries (in total) remained the same.
Compared to 1997-98, R&D expenditure fell by $96m in New South Wales, $47m in Queensland, $30m in Western Australia, $9m in Victoria and $1m in South Australia. Tasmania, the Northern Territory and the Australian Capital Territory, in total, fell by $33m.
Full details are in Research and Experimental Development, Businesses, Australia, 1998-99 (cat. no. 8104.0), which is available in ABS bookshops. The summary of the main features of the publication may be found on this site. If you wish to purchase a copy of this publication, contact the ABS bookshop in your capital city.
These documents will be presented in a new window.