Innovation creation and diffusion in the Australian economy

Kenneth J. Preiss, Keri Spooner

International Journal of Entrepreneurship and Innovation Management, 2003, vol. 3, issue 3, 197-210

Abstract: Innovation creation and diffusion through entrepreneurial ventures are important drivers of national economies. Despite this, the innovation creation and commercialisation process at the individual or small enterprise level within Australia is often inhibited by taxation and non-competitive legislative constraints. On the other hand, the corporate entity is often in a powerful position to reap the benefits from the efforts of the individual. This position of power has been entrenched by government legislation concerning employment and taxation. Tax breaks are available to corporate entities that are not available, on a pro-rata basis, to the individual. In addition, federal legislation provides tax breaks to corporations for innovation creation inputs, such as research and development (R&D) expenditure, yet it would seem more effective to offer tax breaks on the generation of revenues which are the outputs of the innovation creation and commercialisation process. An innovation creation and commercialisation model is proposed that takes into account the intra-organisational, as well as external, factors that support or impede the overall innovation process.

Keywords: innovation; entrepreneurship; intrapreneurship; taxation and legislative impediments; small businesses; Australia. (search for similar items in EconPapers)
Date: 2003
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=3286 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijeima:v:3:y:2003:i:3:p:197-210

Access Statistics for this article

More articles in International Journal of Entrepreneurship and Innovation Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().