Industry and Innovation Workshop 2017

The Industry and Innovation Workshop was held on Tuesday 26th September 2017. The theme of the workshop was ‘Show me the evidence.’ The agenda and presentations are available below.

Agenda

Time Agenda item
08:45–09:00 Arrival and registration
Master of Ceromonies
Andrew Lalor
09:00–09:30 Innovation indicators and the quest for a policy actionable theory of growth
Mark Cully, Office of the Chief Economist
09:30–10:30 Panel: The Digital Economy: you can see it everywhere except in the productivity and employment statistics
Moderator:
Tim Bradley, Office of the Chief Economist

Panel Speakers:
Jason McDonald, Department of the Prime Minister and Cabinet
Kevin Fox, University of New South Wales
Rose Verpaandonk, Department of Employment
Jeremy Thorpe, PWC
10:30–11:00 Morning tea
11:00–12:30 Inside the black box of the firm: new insights from BLADE
Moderator:
Anthea Long, Department of Industry, Innovation and Science

Speakers:
11:00–11:30: R&D spillovers
Beth Webster, Centre for Transformative Innovation, Swinburne University of Technology
11:30–12:00: High growth firms in the Australian Economy
Omer Majeed, Office of the Chief Economist
12:00–12:30: Entrepreneurship dynamics in Australia
Sasan Bakhtiari, Office of the Chief Economist
12:30–13:30 Lunch
13:30–14:00 Launch of the Economic Data Analysis Network
Tanja Cvijanovic, Department of the Prime Minister and Cabinet and David Turvey, Office of the Chief Economist
14:00–15:30 The regions of Australia: forging ahead or being left behind
Moderator:
Virginia Cook, Department of Industry, Innovation and Science

Speakers:
14:00–14:30: Regional patterns of Australia’s economy and population
Danielle Wood, Grattan Institute
14:30–15:00: Transitioning regional economies
Paul Lindwall, Productivity Commission
15:00–15:30: The geography of trade and innovation in Australia
Warwick Jones, Office of the Chief Economist
15:30–16:00 Afternoon tea
16:00–17:00 Panel: Reflections on first findings from the ABS Management Capability Survey

Panel Speakers:
Mark Cully, Office of the Chief Economist
Zoe Piper, Ecolour
Adam Carr, Australian Chamber of Commerce and Industry
Renu Agarwal, University of Technology Sydney
17:00–17:45 Networking drinks

Presentations

Collapsed - High growth firms in the Australian Economy

Omer Majeed, Office of the Chief Economist, Department of Industry, Innovation and Science

High growth firms (HGFs) are firms that achieve 20 per cent average annualised growth over three consecutive years, or more. This presentation—based on the upcoming Australian Innovation System Report—includes analysis of HGFs in the Australian context. It investigates their contribution to employment, turnover and value added growth, their characteristics, and how they have changed over time.

Original analysis applying the HGF definition to R&D spending will also be explored, revealing a structural shift in the sectors that are driving innovation in Australia through R&D. The broader link between innovation and firm growth will underpin the presentation, leading to some conclusions about how we can better encourage and support the growth of all firms in Australia.

Collapsed - Entrepreneurship dynamics in Australia

Sasan Bakhtiari, Office of the Chief Economist, Department of Industry, Innovation and Science

Entrepreneurship is the backbone of any progressive economy. This study investigates how the dynamism of Australian entrepreneurs has changed over the period 2002 to 2015. The findings suggest a significant decline in dynamism albeit a rising prowess to create jobs.

Collapsed - Launch of the Economic Data Analysis Network

David Turvey, Office of the Chief Economist, Department of Industry, Innovation and Science

The Economic Data and Analysis Network (EDAN) is one of five analytical units under the Data Integration Partnership for Australia (DIPA). This presentation highlights EDAN’s four streams of work and its initial research priorities.

Collapsed - Innovation and economic activity in Australia’s regions

Warwick Jones, Office of the Chief Economist, Department of Industry, Innovation and Science

Previous work by the Office of the Chief Economist has shown a strong link between exporting and innovation at the firm level. However, because of data limitations, the location of exporting firms and innovation was largely unknown. This presentation analyses the geography of international trade in Australia and uses a combination of new and existing data sources to map innovation. It shows that both the extent and type of innovation is strongly associated with trade patterns suggesting that innovation and trade policy must also be linked.

Collapsed - Regional patterns of Australia’s economy and population

Danielle Wood, Australian Perspective Fellow, Grattan Institute

This presentation explores regional patterns in Australia’s population, employment and economic activity. Many people believe that regional areas are falling behind the cities. And it is true that as the service sector grows, jobs and people are increasingly located in the major cities and regional centres. But our analysis suggests that other regions have fared relatively well in terms of income growth over the past decade.

Planning and infrastructure policies have not always been responsive to these changes in economic geography. This presentation details some of the effects of these policy failures: high house prices, increased congestion and less bang for the buck on government infrastructure spend.

Collapsed - Transitioning regional economies

Paul Lindwall, Commissioner, Productivity Commission

This presentation provides a detailed perspective of the Productivity Commission’s Transitioning Regional Economies study, in particular the development of the single metric of adaptive capacity, and the factors which affect the transitioning of regional economies. The final report of the study will be published in December 2017, the catalyst for the study being the end of the mining investment boom. As noted in the Commission’s initial report, the study is taking a broad view on transitioning, not only in regions directly affected by mining, but also agriculture, manufacturing and services. The presentation will also outline a policy framework used to advise governments on how they should approach regional development. Paul Lindwall is the presiding commissioner for the study.

Collapsed - Management Capability Survey 2015–16

Mark Cully, Office of the Chief Economist, Department of Industry, Innovation and Science

The Management and Organisational Capabilities of Australian Business, 2015–16, was released by the Australian Bureau of Statistics on 25 August 2017. It is the first official survey data on management capability in Australia. This presentation highlights the findings.

For further information please email chiefeconomist@industry.gov.au.

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