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.

Related Publications

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BCEC Monthly Labour Market Update – November 2019 Welcome to the November 2019 edition of the BCEC Monthly Labour Market Update (MLMU). This latest MLMU release provides expert insights and analysis around the latest ABS Labour Force data release for November 2019, focusing on employment patterns across state... Read article 20 December 2019Monthly Labour Market Updates  |  Economic Commentary Read More
BCEC Quarterly Economic Commentary – December 2019 Daniel Kiely, Silvia Salazar, Alan Duncan This Western Australia Quarterly Economic Commentary analyses the most recent data on economic and social indicators for WA. Key findings from this edition include: Mixed economic tidings for WA this Christmas With the recently announced Mid-Year Financial Projections Statement, WA Treasurer Ben... Read article 19 December 2019Quarterly Economic Commentary  |  Economic Commentary Read More
The unintended consequences of increasing returns to scale in geographical economics Steven Bond-Smith Increasing returns to scale is now fundamental to both economics and economic geography. But first generation theories of endogenous growth imply an empirically-refuted scale effect. This scale effect and assumptions to negate the scale effect both imply unintentional spatial consequences.... Read article 3 December 2019Working Papers Read More
BCEC Briefing Note: WA Economic Update 2019 Alan Duncan, Daniel Kiely This BCEC Briefing Note examines the latest WA economic data released by the Australian Bureau of Statistics. While the WA economy continues to grow, the GSP figures released today show only a very modest growth of 0.98 per cent over... Read article 15 November 2019 Read More
A multi-sector model of relatedness, growth and industry clustering Steven Bond-Smith, Philip McCann This article builds an understanding of regional innovation specialisation by developing a multi-sector model with endogenous growth through quality improving innovations and spillovers from related technologies. The model provides an approach to incorporate the relatedness literature within the mainstream theoretical... Read article 5 November 2019Journal Articles Read More
BCEC Quarterly Economic Commentary – September 2019 Rebecca Cassells, Daniel Kiely, Silvia Salazar This Western Australia Quarterly Economic Commentary analyses the most recent data on economic and social indicators for WA, as at Q3 2019. Key findings from this edition include: Future-proofing the WA economy remains the long-term game With annual Gross State Product data... Read article 30 October 2019Quarterly Economic Commentary Read More