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Promotion of Innovation and Job Growth in Small‐ and Medium‐Sized Enterprises in Australia: Evidence and Policy Issues
Author(s) -
Bloch Harry,
Bhattacharya Mita
Publication year - 2016
Publication title -
australian economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.308
H-Index - 29
eISSN - 1467-8462
pISSN - 0004-9018
DOI - 10.1111/1467-8462.12164
Subject(s) - job creation , promotion (chess) , business , government (linguistics) , small and medium sized enterprises , industrial organization , marketing , economics , labour economics , political science , politics , law , linguistics , philosophy , finance
Small‐ and medium‐sized enterprises play a substantial role in Australian growth and job creation. We discuss approaches to understanding the drivers of innovation and review evidence on the determinants of innovation by Australian small‐ and medium‐sized enterprises. We also examine the role of these firms in job creation. Against this evidence and the conceptual underpinnings, we then discuss some issues that arise with the government's current innovation agenda.