Economic complexity as a driver of innovation and smart specialisation. This project aims to determine how economic complexity can drive innovation and smart specialisation and how industry can be supported to transition to a more competitive economy. With the downturn of traditional manufacturing, innovation is crucial to create new industries and the jobs of the future. The expected outcomes of this project include high-value industry intelligence in support of product diversification. This sh ....Economic complexity as a driver of innovation and smart specialisation. This project aims to determine how economic complexity can drive innovation and smart specialisation and how industry can be supported to transition to a more competitive economy. With the downturn of traditional manufacturing, innovation is crucial to create new industries and the jobs of the future. The expected outcomes of this project include high-value industry intelligence in support of product diversification. This should provide significant benefits, such as increased international competitiveness, exports, revenue, and economic growth.
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Innovation incentives in the Internet economy: a multi-sided market approach. The internet is a fundamental infrastructure for economic growth and prosperity in the global economy. Maintaining competition and promoting innovation in the internet industry thus is of paramount importance. The aim of this project is to push the frontier of research and advance public policy regarding the internet and, more generally, towards the ICT industry. The project will develop comprehensive and innovative e ....Innovation incentives in the Internet economy: a multi-sided market approach. The internet is a fundamental infrastructure for economic growth and prosperity in the global economy. Maintaining competition and promoting innovation in the internet industry thus is of paramount importance. The aim of this project is to push the frontier of research and advance public policy regarding the internet and, more generally, towards the ICT industry. The project will develop comprehensive and innovative economic models to understand better the innovation process in the internet industry. This will enable formulation of regulatory policies based on rigorous and evidence-based analysis to create an environment that would help the Australian economy sustain global competitiveness in the innovation-driven internet industry.Read moreRead less
The relationship between firm innovation and performance and the role of the government. Productivity growth in Australia has plateaued. Although Federal and State Governments employ a range of different innovation policies designed to stimulate productivity growth, little is known about the effects these programs, and of innovation more generally, on firm performance. One reason why this relationship is unknown relates to the availability of firm-level data. This project, will take advantage of ....The relationship between firm innovation and performance and the role of the government. Productivity growth in Australia has plateaued. Although Federal and State Governments employ a range of different innovation policies designed to stimulate productivity growth, little is known about the effects these programs, and of innovation more generally, on firm performance. One reason why this relationship is unknown relates to the availability of firm-level data. This project, will take advantage of unique access to a dataset provided by the Australian Bureau of Statistics which enables us to observe the activities of every firm in Australia. Using these data and appropriate econometric techniques, the study will examine the effect of a range of government policies designed to stimulate innovation and productivity growth. Read moreRead less
The role of branding and international trademarks in global value chains. The role of branding and international trademarks in global value chains. This project will examine the role of brands and trademarks on global value chains. Trademarks can help firms de-risk, scale up and add value to their offerings. This project will develop a machine learning algorithm to identify international trademark families and extend a novel global trademark family dataset. It will use the dataset to analyse how ....The role of branding and international trademarks in global value chains. The role of branding and international trademarks in global value chains. This project will examine the role of brands and trademarks on global value chains. Trademarks can help firms de-risk, scale up and add value to their offerings. This project will develop a machine learning algorithm to identify international trademark families and extend a novel global trademark family dataset. It will use the dataset to analyse how international trademarks are used and mis-used; how they enable vertical dis-integration and international dispersion of manufacturing production (two central features of global value chains); and how they affect businesses’ ability to enter and compete in global markets. This research should help Australian businesses extend their international reach and policy makers increase domestic gains from global value chains.Read moreRead less
Optimal prize structures in the innovation context. This project aims to study the optimal prize structures in innovation contests. Innovation contests spur innovation for governments, not-for-profit organizations and firms, but the optimal design of innovation contests is a problem. Innovation is important in economic growth and firm competitiveness, but the 2015 Australian Innovation System Report identifies Australia as a mediocre innovator amongst the OECD countries. This project will use an ....Optimal prize structures in the innovation context. This project aims to study the optimal prize structures in innovation contests. Innovation contests spur innovation for governments, not-for-profit organizations and firms, but the optimal design of innovation contests is a problem. Innovation is important in economic growth and firm competitiveness, but the 2015 Australian Innovation System Report identifies Australia as a mediocre innovator amongst the OECD countries. This project will use an ideas-based innovation model to distinguish between easy and difficult challenges based on the availability of good ideas. The results should be important for effective incentivising of innovation through contests.Read moreRead less
Effects of offshored advanced manufacturing on productivity, and growth. Offshoring can reduce production costs, but it can also reduce cutting-edge advanced manufacturing capability and skilled manufacturing workforce, and reduce future growth. Lack of appropriate data has made it difficult to measure these effects for firms and industries. Using uniquely available data from the Australian Bureau of Statistics and newly developed methods, this project aims to provide new measures of firm level ....Effects of offshored advanced manufacturing on productivity, and growth. Offshoring can reduce production costs, but it can also reduce cutting-edge advanced manufacturing capability and skilled manufacturing workforce, and reduce future growth. Lack of appropriate data has made it difficult to measure these effects for firms and industries. Using uniquely available data from the Australian Bureau of Statistics and newly developed methods, this project aims to provide new measures of firm level offshoring activity and advanced manufacturing capability onshore and offshore. The project expects to generate new knowledge on the impact of offshored advanced manufacturing on productivity, growth, product innovation, and skilled labour. The findings should provide significant new industry and policy relevant insightsRead moreRead less
Identifying technological trajectories using machine learning algorithms. This project aims to improve our understanding of why scientific knowledge progresses in certain directions and what causes it to grow faster or slower across fields. The project will create new neural-network machine-learning algorithms to scan patent and scientific article texts (specifications and claims) for natural language concepts. The results will potentially be used by patent offices to improve their own database ....Identifying technological trajectories using machine learning algorithms. This project aims to improve our understanding of why scientific knowledge progresses in certain directions and what causes it to grow faster or slower across fields. The project will create new neural-network machine-learning algorithms to scan patent and scientific article texts (specifications and claims) for natural language concepts. The results will potentially be used by patent offices to improve their own database search, by business analytics companies to reveal new technologies and potential collaborators, and by academic economists to understand how knowledge travels and accumulates.
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Automation and Income Inequality: Macroeconomic Policy Implications. The transition to wider use of robotics and artificial intelligence may eventually make our citizens better off, yet effects on domestic income and wealth inequality remain uncertain, depending strongly on general governance and macroeconomic policy regimes. This project would help clarify income inequality effects, both abroad and in Australia, through (i) new numerical theory from calibrated economic models at the global and ....Automation and Income Inequality: Macroeconomic Policy Implications. The transition to wider use of robotics and artificial intelligence may eventually make our citizens better off, yet effects on domestic income and wealth inequality remain uncertain, depending strongly on general governance and macroeconomic policy regimes. This project would help clarify income inequality effects, both abroad and in Australia, through (i) new numerical theory from calibrated economic models at the global and national levels; (ii) econometric testing of results from global and national data; (iii) the use of emerging insights to analyse economic policy responses and their global interaction as well as the implications for Australian economic policyRead moreRead less
How Australian industries are pooling innovation resources and why this matters. Common pooling of resources for innovation is an emerging phenomenon in several Australian industries. This project will seek to explain why this is occurring, using insights from economic theory, and how pooling is harnessed for wider public good.
Equity and diversity in the Australian architecture profession: women, work, and leadership. This project will develop strategies to maximize women's participation in architecture, improving human resource practices within architectural firms and developing a diversity policy for the national professional association. Together these outcomes will increase women's representation within architecture, and help all architects achieve a greater work life balance with its concomitant effects of improv ....Equity and diversity in the Australian architecture profession: women, work, and leadership. This project will develop strategies to maximize women's participation in architecture, improving human resource practices within architectural firms and developing a diversity policy for the national professional association. Together these outcomes will increase women's representation within architecture, and help all architects achieve a greater work life balance with its concomitant effects of improving individual health, wellbeing and national productivity. Increasing the visibility and recognition of female architects will directly support innovative practice in architecture, which will advantage all attempts to create socially and ecologically sustainable built environments in Australia.Read moreRead less