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Promotion of Innovation and Job Growth in Small and Medium Sized Enterprises in Australia: Evidence and Policy Issues

Harry Bloch () and Mita Bhattacharya ()

No 17-16, Monash Economics Working Papers from Monash University, Department of Economics

Abstract: Small and medium sized enterprises (SMEs) play a substantial role in Australian growth and job creation. We discuss approaches to understanding the drivers of innovation and then review evidence on the determinants of innovation by Australian SMEs. We also examine the role of these firms in job creation. Against this evidence and the conceptual underpinnings, we then discuss some issues that arise with the government’s current innovation agenda.

Keywords: Australia; Research and development; SMEs; innovation; innovation policy (search for similar items in EconPapers)
Pages: 17 pages
Date: 2016-11
New Economics Papers: this item is included in nep-cse, nep-ent, nep-ino, nep-sbm and nep-tid
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