Modelling the relationships between the use of STEM* skills, collaboration, R&D and Innovation among Australian Businesses

Franklin Soriano () and Ruel Abello
Additional contact information
Franklin Soriano: Australian Bureau of Statistics
Ruel Abello: Australian Bureau of Statistics

Australian Journal of Labour Economics (AJLE), 2015, vol. 18, issue 3, 345-374

Abstract: This paper investigates the relationship between the use of STEM/Non-STEM skills, collaboration, R&D and innovation, including novelty of innovation, among Australian businesses. The analysis employs standard probit modelling using the 2010-11 and 2011-12 ABS Business Characteristics Survey data. Results show that the use of STEM skills and collaboration in R&D are very strongly associated with an increase in the likelihood of innovating. The combined impact of collaboration in R&D, expenditure in R&D, and the use of STEM skills on the probability of having a ‘new to the world’ type of innovation is also found to be strong.

Keywords: Skills; collaboration; R&D; Innovation; Australia (search for similar items in EconPapers)
JEL-codes: D29 J24 O31 O32 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (1)

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