Capturing value on the margins of the global knowledge economy. This project will explain the basis of competitiveness in knowledge economy industries. It is widely understood that high levels of participation in knowledge intensive activities contribute to economic growth and higher wages. There is a need to develop policies to promote Australia's performance in knowledge intensive industries. As such this project addresses a policy problem by analysing the basis of competitiveness in the medic ....Capturing value on the margins of the global knowledge economy. This project will explain the basis of competitiveness in knowledge economy industries. It is widely understood that high levels of participation in knowledge intensive activities contribute to economic growth and higher wages. There is a need to develop policies to promote Australia's performance in knowledge intensive industries. As such this project addresses a policy problem by analysing the basis of competitiveness in the medical instruments and video production industries as exemplar knowledge intensive industries. The findings will provide a basis for formulating new policy support for the knowledge economy which draws on the most recent theoretical insights derived from global production network research.Read moreRead less
Comprehensive Australian Study of Entrepreneurial Emergence (CAUSEE). New business creation is a major source of new jobs and an important component of our nation's innovation system. The project will permanently transform the understanding of business creation in Australia. In contribution to NRP 3, high-technology new ventures will be over-sampled and given particular attention. The research is part of a strategy to create a world class research centre in entrepreneurship (as CI 1 previously h ....Comprehensive Australian Study of Entrepreneurial Emergence (CAUSEE). New business creation is a major source of new jobs and an important component of our nation's innovation system. The project will permanently transform the understanding of business creation in Australia. In contribution to NRP 3, high-technology new ventures will be over-sampled and given particular attention. The research is part of a strategy to create a world class research centre in entrepreneurship (as CI 1 previously had a key role in doing in Sweden). Frontier knowledge in this area contributes to 'promoting an innovation culture and economy' and facilitates 'maximizing Australia's benefits from investments in research, particularly related to commercialisation of 'Breakthrough science' and 'Frontier technologies'.Read moreRead less
Industrial policy in the new economy: Public policy influences on small firm competitiveness in Australia and Denmark. This research aims to advance knowledge of industrial policy influences on the competitiveness of small firms in the new economy. Much existing knowledge of industrial policy has been derived from the experience of the post-war industrial economy. It is desirable to extend existing research to take account of the importance of small firms in the new economy. Small firms play a s ....Industrial policy in the new economy: Public policy influences on small firm competitiveness in Australia and Denmark. This research aims to advance knowledge of industrial policy influences on the competitiveness of small firms in the new economy. Much existing knowledge of industrial policy has been derived from the experience of the post-war industrial economy. It is desirable to extend existing research to take account of the importance of small firms in the new economy. Small firms play a significant role in new and emerging industries which are crucial to Australia's economic future. It is expected that the research will provide a basis for the development of improved public policy in support of small firm competitiveness in new economy industries.Read moreRead less
Managing the Diffusion of Innovations: Understanding the Processes of R&D Collaboration in East Asia and drawing lessons for Australia. A series of collaborative R&D ventures have emerged in East Asia, within quite distinctive institutional frameworks. Unlike the case of many of the collaborative arrangements in the US, Europe or Japan, where mutual risk reduction is frequently the driving influence, in the case of Taiwan, Korea and Singapore it is technological learning, upgrading and catch-up ....Managing the Diffusion of Innovations: Understanding the Processes of R&D Collaboration in East Asia and drawing lessons for Australia. A series of collaborative R&D ventures have emerged in East Asia, within quite distinctive institutional frameworks. Unlike the case of many of the collaborative arrangements in the US, Europe or Japan, where mutual risk reduction is frequently the driving influence, in the case of Taiwan, Korea and Singapore it is technological learning, upgrading and catch-up industry creation that is the object of the collaborative exercises. The study is concerned with the evolving organizational architecture of these R&D alliances and seeks to draw comparisons between them and established collaborative arrangements in the USA, Japan and Europe, and draw lessons for Australia.Read moreRead less
Cyclical industrial dynamics in high-technology industry: The case of Flat Panel Displays. Australian high-technology industry policy is strongly focused on securing entry by Australian firms into such industries as semiconductors and flat panel displays (which utilize ICT and photonics technologies). Success to date has been modest. One of the prime barriers to entry is the cyclical character of the industries - in the sense that firms in East Asia appear to have secured entry only during downt ....Cyclical industrial dynamics in high-technology industry: The case of Flat Panel Displays. Australian high-technology industry policy is strongly focused on securing entry by Australian firms into such industries as semiconductors and flat panel displays (which utilize ICT and photonics technologies). Success to date has been modest. One of the prime barriers to entry is the cyclical character of the industries - in the sense that firms in East Asia appear to have secured entry only during downturns. A deeper understanding of the cyclical industrial dynamics of such industries promises to enhance the prospects for successful entry by Australian firms, and thereby contribute to fulfilling the goals of public policy in this area.Read moreRead less
What facilitates or hinders the discovery and exploitation of entrepreneurial opportunities? A systematic comparison of the independent and corporate contexts. Every opportunity that is discovered but not exploited represents significant unrealised value for the entrepreneur and society-at-large. By providing clear implications for managers and entrepreneurs as to which factors will facilitate and constrain the successful exploitation of discovered opportunities, this research will contribute to ....What facilitates or hinders the discovery and exploitation of entrepreneurial opportunities? A systematic comparison of the independent and corporate contexts. Every opportunity that is discovered but not exploited represents significant unrealised value for the entrepreneur and society-at-large. By providing clear implications for managers and entrepreneurs as to which factors will facilitate and constrain the successful exploitation of discovered opportunities, this research will contribute to increasing the discovery of technologies as well as their successful commercialisation. It will promote a more vibrant, innovative culture at companies and within Australian society. In particular our focus of the mining sector will benefit the Australian economy, as this sector is of major economic importance.Read moreRead less
Balancing the risk of harm with productivity in the mercurial firm: economic theory and applications to Australian policy. Australia has had at least one significant chemical spill per month for the last 30 years. While the Longford disaster fades from the news, James Hardy's asbestos problem fills its place. This project will develop a general conceptual framework in which to analyse the economics of risky firms. The framework will be used to evaluate Australian, International, and alternative ....Balancing the risk of harm with productivity in the mercurial firm: economic theory and applications to Australian policy. Australia has had at least one significant chemical spill per month for the last 30 years. While the Longford disaster fades from the news, James Hardy's asbestos problem fills its place. This project will develop a general conceptual framework in which to analyse the economics of risky firms. The framework will be used to evaluate Australian, International, and alternative policies. The end benefit to Australia will be an improvement in policy toward firms that cause accidents.Read moreRead less
Growth, Trade, and Economic Development in Asia. Future growth in Asia has strong implications for growth, relative wages, skill levels, human capital accumulation and trade in Australia. This project seeks to gain insight into whether the high economic growth rates experienced in Asia will continue into the future and whether low income Asian countries will take off in the future. This information will be used to simulate future demand for skills, relative wages, trade and the incentives to inv ....Growth, Trade, and Economic Development in Asia. Future growth in Asia has strong implications for growth, relative wages, skill levels, human capital accumulation and trade in Australia. This project seeks to gain insight into whether the high economic growth rates experienced in Asia will continue into the future and whether low income Asian countries will take off in the future. This information will be used to simulate future demand for skills, relative wages, trade and the incentives to invest in Australia and give insight into the effects of various policies in Australia on educational decision, skill composition, relative wages, trade and growth.Read moreRead less
The impact of small business policy systems on small firm innovation and competitiveness in critical industry sectors. This research will examine the proposition that small business policy systems affect the structure and strategy of SMEs and in turn the sectors within which SMEs innovate and specialise. It will involve an analysis of SME policy systems; sectors of SME specialisation based on patent data, annual reports and firm web sites; and a longitudinal study of the strategy and structure o ....The impact of small business policy systems on small firm innovation and competitiveness in critical industry sectors. This research will examine the proposition that small business policy systems affect the structure and strategy of SMEs and in turn the sectors within which SMEs innovate and specialise. It will involve an analysis of SME policy systems; sectors of SME specialisation based on patent data, annual reports and firm web sites; and a longitudinal study of the strategy and structure of 29 case study firms in 3 sectors in 3 countries based on in-depth interviews and focus groups. Findings will provide a basis for improved policy advice concerning the mechanisms for encouraging small firm innovation and competitiveness in critical sectors.Read moreRead less
Strategic Contracting with Complementary Assets under Assymetric Information. With the recent tendency for companies to patent any feasible innovations they might make, public policy must focus on the disincentive effects this may have for producers who must combine multiple patents. The project seeks to understand the 'holdout problem' that stems from such situations, and evaluate policy solutions for Australia and Internationally. Expected outcomes include publication in leading Australian and ....Strategic Contracting with Complementary Assets under Assymetric Information. With the recent tendency for companies to patent any feasible innovations they might make, public policy must focus on the disincentive effects this may have for producers who must combine multiple patents. The project seeks to understand the 'holdout problem' that stems from such situations, and evaluate policy solutions for Australia and Internationally. Expected outcomes include publication in leading Australian and International journals, and inputs to the policy debate.Read moreRead less