Productivity and Innovation
The National Innovation and Science Agenda has committed significant amounts of funding to twenty eight action areas, which include de-risking start-ups; investing in STEM; attracting and keeping overseas entrepreneurs; and improving university-industry connectedness, amongst others. These measures signal that promoting a culture of innovation is essential to Australia’s economic growth and future prosperity. Projects under this theme explore the opportunity and challenges for businesses, individuals and government to drive prosperity through improved productivity and innovation. Research under this theme investigates issues such as barriers and enablers to productivity, and the impacts of infrastructure development and investment, public services, as well as tax and regulatory burdens on economic growth in WA, and opportunities and barriers to innovation for micro-businesses and SMEs, which make up a significant proportion of all businesses in the Australian economy.
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