Promotion of innovation and Job Growth in Small- and Medium-Sized Enterprises in Australia: Evidence and Policy Issues
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This is the peer reviewed version of the following article: Bloch, H. and Bhattacharya, M. 2016. Promotion of innovation and Job Growth in Small- and Medium-Sized Enterprises in Australia: Evidence and Policy Issues. The Australian Economic Review. 49 (2): pp. 192-199, which has been published in final form at http://doi.org/10.1111/1467-8462.12164. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving at http://olabout.wiley.com/WileyCDA/Section/id-820227.html#terms
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.
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