Innovation: have we got it right yet? (journal article)
by Ron Johnston
from ATSE Focus, June/July 2009
"The evidence presented in the Cutler review indicates that, more than ever, getting innovation right is a pressing matter for the future of the Australian economy. It assembles a range of indicators which show that Australia’s innovation-related performance has declined over the past decade relative to many comparable OECD countries:“Australia has slipped from fifth to eighteenth in the World Economic Forum’s Global Competitiveness Index. Our multi-factor productivity grew 1.4 per cent a year on average between 1982-83 and 1995-96. Growth has averaged only 0.9 per cent a year since then.”"