Improving productivity: theory and application to Australian hospitals. This project aims to improve existing methods for analysing productivity and efficiency of organisations. The new methods will be applied to Australian hospitals, to analyse their productivity and efficiency, identify the best-practices and their determinants and recommend improvements and necessary reforms. The high level of healthcare costs in Australia, about 5 percent of gross domestic product, as well as their rapid and ....Improving productivity: theory and application to Australian hospitals. This project aims to improve existing methods for analysing productivity and efficiency of organisations. The new methods will be applied to Australian hospitals, to analyse their productivity and efficiency, identify the best-practices and their determinants and recommend improvements and necessary reforms. The high level of healthcare costs in Australia, about 5 percent of gross domestic product, as well as their rapid and accelerating growth, imply that application of methods developed through this project may save billions of dollars and, more importantly, thousands of lives. An expected outcome of this project will be superior theoretical and practical methods for analysing productivity and efficiency of economic systems, to enhance understanding of the potential for improvements and of the necessary reforms.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
To use or not to use financial incentives for motivation and performance. For decades, compensation experts have advocated for the use of financial incentives to motivate work performance, yet organisations keep encountering performance issues caused by these incentives. Using agency, expectancy, and self-determination theory to inform a meta-analysis and a series of experiments, this research will help uncover the most important motivational mechanisms that explain how financial incentives infl ....To use or not to use financial incentives for motivation and performance. For decades, compensation experts have advocated for the use of financial incentives to motivate work performance, yet organisations keep encountering performance issues caused by these incentives. Using agency, expectancy, and self-determination theory to inform a meta-analysis and a series of experiments, this research will help uncover the most important motivational mechanisms that explain how financial incentives influence different types of performance. Given that compensation accounts for an important proportion of an organisation's operating expenses and that employee engagement is on the decline around the world, this research will provide a strong empirical basis to develop more effective compensation systems.Read moreRead less
Determining the factors influencing the success of private and community-owned Indigenous businesses across remote, regional and urban Australia. The main benefit of this project is a thorough understanding of the challenges facing Indigenous enterprises in a range of geographical, economic and social settings. The research will identify and determine the importance of a broad range of factors which influence the success of Indigenous enterprises.
Motivating work teams: An emergence-based process model . With work teams having to undertake more critical and complex tasks, this project aims to develop and evaluate a new process model of team motivation emergence through field studies using varied samples of workers, simulation studies, and computational modelling. The project expects to generate solutions to Australia's declining work engagement by answering calls for research on how to develop team motivation. Expected outcomes include n ....Motivating work teams: An emergence-based process model . With work teams having to undertake more critical and complex tasks, this project aims to develop and evaluate a new process model of team motivation emergence through field studies using varied samples of workers, simulation studies, and computational modelling. The project expects to generate solutions to Australia's declining work engagement by answering calls for research on how to develop team motivation. Expected outcomes include new knowledge of team motivation disseminated through scholarly and practitioner-oriented publications and presentations, as well as practical team assessment and training tools made available to organisations so they can improve team performance.
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Public Finance and Cryptocurrencies. This project aims to analyse the impact of cryptocurrency technology on taxation and the provision of public goods in Australia. The project will identify the historical relationship between money technologies and public finance, examine the impact of cryptocurrencies in relation to the modern state, and investigate the potential of utilising cryptocurrencies in the provision of public goods. The outcomes of the research will expand theoretical and practical ....Public Finance and Cryptocurrencies. This project aims to analyse the impact of cryptocurrency technology on taxation and the provision of public goods in Australia. The project will identify the historical relationship between money technologies and public finance, examine the impact of cryptocurrencies in relation to the modern state, and investigate the potential of utilising cryptocurrencies in the provision of public goods. The outcomes of the research will expand theoretical and practical understanding of public finance in a world of cryptocurrencies. The project findings will provide guidance to Australian and international policymakers to prepare for potential disruptions to taxation and public goods provision. Read moreRead less
Research to enhance measurement, understanding, and policy regulatory approaches to emerging markets and trade in mothers' milk. Innovation affecting human milk supply challenges current regulation of infant food, but new markets in human milk assist the economic valuation of breastfeeding. Mothers are finding new ways to share their milk, and milk banking and human milk-based products are emerging as alternatives to commercial infant formula. This project builds on previous world-leading Austra ....Research to enhance measurement, understanding, and policy regulatory approaches to emerging markets and trade in mothers' milk. Innovation affecting human milk supply challenges current regulation of infant food, but new markets in human milk assist the economic valuation of breastfeeding. Mothers are finding new ways to share their milk, and milk banking and human milk-based products are emerging as alternatives to commercial infant formula. This project builds on previous world-leading Australian research into the economics of breastfeeding. It aims to increase understanding of markets in milk for infants and inform regulation of milk markets and milk exchange. It will investigate key features of these markets, how milk is priced, and how to access data on market prices which might improve the social and economic valuation of breastfeeding.Read moreRead less
Robust evolutionary analytics for changing and uncertain environments. This project aims to develop a novel framework for solving planning problems in dynamic environments with uncertainties. Current methods treat these conditions as two discrete problems. In the proposed framework, three algorithms will be developed and integrated to generate robust solutions for planning under dynamic changes with uncertainties. The intended outcomes include a novel framework with new techniques, developed by ....Robust evolutionary analytics for changing and uncertain environments. This project aims to develop a novel framework for solving planning problems in dynamic environments with uncertainties. Current methods treat these conditions as two discrete problems. In the proposed framework, three algorithms will be developed and integrated to generate robust solutions for planning under dynamic changes with uncertainties. The intended outcomes include a novel framework with new techniques, developed by exploiting the assumptions of existing methodologies. Practical outcomes will include a robust planning tool.Read moreRead less
Evolutionary Framework for High Dimensional Problems. The project aims to develop a novel framework for solving high dimensional decision problems with and without changes. This research is driven by the fact, that there is a huge gap between current research and the methodology needed to solve practical decision problems. In the proposed framework, a number of algorithms will be developed and integrated to generate robust solutions for those problems. The intended scientific outcomes include a ....Evolutionary Framework for High Dimensional Problems. The project aims to develop a novel framework for solving high dimensional decision problems with and without changes. This research is driven by the fact, that there is a huge gap between current research and the methodology needed to solve practical decision problems. In the proposed framework, a number of algorithms will be developed and integrated to generate robust solutions for those problems. The intended scientific outcomes include a novel framework with new techniques, developed by exploiting the impractical assumptions of existing methodologies. Practical outcomes include a robust decision-making tool and strong research training. The developed tool will provide significant cost savings through better decision making in practice.Read moreRead less
Small firms' finances: effects on employment, wages and growth. The project aims to estimate how difficulties in accessing financial and credit markets affect small and medium enterprise (SME) decisions about employment, wages, entry and exit. Although the SME sector is Australia’s largest employer, the extent to which financial constraints affect these firms' market performance and their ability to create and sustain employment is unknown. The project plans to use an econometric analysis of fir ....Small firms' finances: effects on employment, wages and growth. The project aims to estimate how difficulties in accessing financial and credit markets affect small and medium enterprise (SME) decisions about employment, wages, entry and exit. Although the SME sector is Australia’s largest employer, the extent to which financial constraints affect these firms' market performance and their ability to create and sustain employment is unknown. The project plans to use an econometric analysis of firm level panel data to fill this gap. The intended outcome is micro-econometric findings tailored to improve targeted labour and financial policy. The expected benefit is to provide input to policy responses that support employment, productivity and wages in volatile market conditions.Read moreRead less