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Modelling the relationships between the use of STEM* skills, collaboration, R&D and Innovation among Australian Businesses

Author

Listed:
  • Franklin Soriano

    (Australian Bureau of Statistics)

  • Ruel Abello

    (Australian Bureau of Statistics)

Abstract
This paper investigates the relationship between the use of STEM/Non-STEM skills, collaboration, R&D and innovation, including novelty of innovation, among Australian businesses. The analysis employs standard probit modelling using the 2010-11 and 2011-12 ABS Business Characteristics Survey data. Results show that the use of STEM skills and collaboration in R&D are very strongly associated with an increase in the likelihood of innovating. The combined impact of collaboration in R&D, expenditure in R&D, and the use of STEM skills on the probability of having a ‘new to the world’ type of innovation is also found to be strong.

Suggested Citation

  • Franklin Soriano & Ruel Abello, 2015. "Modelling the relationships between the use of STEM* skills, collaboration, R&D and Innovation among Australian Businesses," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 18(3), pages 345-374.
    • Handle: RePEc:ozl:journl:v:18:y:2015:i:3:p:345-374
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    References listed on IDEAS

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    Cited by:

    1. Soriano, Franklin A. & Villano, Renato A. & Fleming, Euan M. & Battese, George E., 2018. "What’s driving innovation in small businesses in Australia? The case of the food industry," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(1), October.

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    More about this item

    Keywords

    Skills; collaboration; R&D; Innovation; Australia;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • D29 - Microeconomics - - Production and Organizations - - - Other

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