Innovation, Competition and Economic Performance: Understanding the Dynamics of Industry Development. An improved understanding of the impact of innovation on competition and economic performance will inform the design of public policy in terms of industry assistance, research and development support, competition policy and regulatory activity. This will help ensure that the billions of dollars of private and public expenditure devoted to innovative activities and industry development has the gr ....Innovation, Competition and Economic Performance: Understanding the Dynamics of Industry Development. An improved understanding of the impact of innovation on competition and economic performance will inform the design of public policy in terms of industry assistance, research and development support, competition policy and regulatory activity. This will help ensure that the billions of dollars of private and public expenditure devoted to innovative activities and industry development has the greatest possible impact in terms of improved products, lower prices and the enhanced competitiveness of Australian businesses.Read moreRead less