The impact of small business policy systems on small firm innovation and competitiveness in critical industry sectors. This research will examine the proposition that small business policy systems affect the structure and strategy of SMEs and in turn the sectors within which SMEs innovate and specialise. It will involve an analysis of SME policy systems; sectors of SME specialisation based on patent data, annual reports and firm web sites; and a longitudinal study of the strategy and structure o ....The impact of small business policy systems on small firm innovation and competitiveness in critical industry sectors. This research will examine the proposition that small business policy systems affect the structure and strategy of SMEs and in turn the sectors within which SMEs innovate and specialise. It will involve an analysis of SME policy systems; sectors of SME specialisation based on patent data, annual reports and firm web sites; and a longitudinal study of the strategy and structure of 29 case study firms in 3 sectors in 3 countries based on in-depth interviews and focus groups. Findings will provide a basis for improved policy advice concerning the mechanisms for encouraging small firm innovation and competitiveness in critical sectors.Read moreRead less
Economic growth and globalisation: identifying costs and benefits. Globalisation provides opportunities to stimulate economic development and growth, but it may also impose costs on national economies. This project will utilise economic theory and econometric analysis to identify the principal sources and the magnitude of such benefits and costs. It will focus on three areas: trade in consumer goods; trade in capital goods; and the importation of knowledge and technology. The results will in ....Economic growth and globalisation: identifying costs and benefits. Globalisation provides opportunities to stimulate economic development and growth, but it may also impose costs on national economies. This project will utilise economic theory and econometric analysis to identify the principal sources and the magnitude of such benefits and costs. It will focus on three areas: trade in consumer goods; trade in capital goods; and the importation of knowledge and technology. The results will inform national policy-making in the areas of trade policy, industry policy, education and R&D.Read moreRead less
Policy Notes: Local Popular Music in Global Creative Economies. In providing the first comprehensive analysis of how music policy is created, the project assesses the viability of local music industries in a time of rapid, global technological change. It forges new ways of planning the different needs of producers, audiences and government in cultural production; and contribute to the economic and cultural health of Australian popular music industries. The project fills a major gap in Australian ....Policy Notes: Local Popular Music in Global Creative Economies. In providing the first comprehensive analysis of how music policy is created, the project assesses the viability of local music industries in a time of rapid, global technological change. It forges new ways of planning the different needs of producers, audiences and government in cultural production; and contribute to the economic and cultural health of Australian popular music industries. The project fills a major gap in Australian and international cultural policy studies in relation to the effectiveness of popular music policy and practice, particularly for industries situated outside the predominant centres of music production in Europe, the U.S. and Asia.Read moreRead less
Harm-minimisation policies and the economics of controlling illicit drug use. The use of illicit drugs and its consequences are of major concern in Australia. Policies seeking to directly curb illicit drug use have met with mixed success and, over time, pressure has been placed on policymakers to switch toward increased reliance on harm-minimisation policies. This switch can generate adverse incentive effects by reducing the user costs of illicit drug use which acts to increase illicit drug use. ....Harm-minimisation policies and the economics of controlling illicit drug use. The use of illicit drugs and its consequences are of major concern in Australia. Policies seeking to directly curb illicit drug use have met with mixed success and, over time, pressure has been placed on policymakers to switch toward increased reliance on harm-minimisation policies. This switch can generate adverse incentive effects by reducing the user costs of illicit drug use which acts to increase illicit drug use. Cost-effectively mitigating these adverse incentive effects can improve the effectiveness of policy by promoting harm- minimisation without seriously sacrificing drug use abstinence objectives. Read moreRead less
Capturing value on the margins of the global knowledge economy. This project will explain the basis of competitiveness in knowledge economy industries. It is widely understood that high levels of participation in knowledge intensive activities contribute to economic growth and higher wages. There is a need to develop policies to promote Australia's performance in knowledge intensive industries. As such this project addresses a policy problem by analysing the basis of competitiveness in the medic ....Capturing value on the margins of the global knowledge economy. This project will explain the basis of competitiveness in knowledge economy industries. It is widely understood that high levels of participation in knowledge intensive activities contribute to economic growth and higher wages. There is a need to develop policies to promote Australia's performance in knowledge intensive industries. As such this project addresses a policy problem by analysing the basis of competitiveness in the medical instruments and video production industries as exemplar knowledge intensive industries. The findings will provide a basis for formulating new policy support for the knowledge economy which draws on the most recent theoretical insights derived from global production network research.Read moreRead less
Industrial policy in the new economy: Public policy influences on small firm competitiveness in Australia and Denmark. This research aims to advance knowledge of industrial policy influences on the competitiveness of small firms in the new economy. Much existing knowledge of industrial policy has been derived from the experience of the post-war industrial economy. It is desirable to extend existing research to take account of the importance of small firms in the new economy. Small firms play a s ....Industrial policy in the new economy: Public policy influences on small firm competitiveness in Australia and Denmark. This research aims to advance knowledge of industrial policy influences on the competitiveness of small firms in the new economy. Much existing knowledge of industrial policy has been derived from the experience of the post-war industrial economy. It is desirable to extend existing research to take account of the importance of small firms in the new economy. Small firms play a significant role in new and emerging industries which are crucial to Australia's economic future. It is expected that the research will provide a basis for the development of improved public policy in support of small firm competitiveness in new economy industries.Read moreRead less
Bargaining and the price of new pharmaceuticals in Australia: An empirical analysis. The proposed research will consider whether there is a trade-off between price and access and will identify features of the regulatory framework that contribute to delays in securing access to drugs for diseases with no alternative therapy. It will provide decision makers with the necessary information to negotiate the lowest achievable price for drugs, freeing up resources for use elsewhere in the health sector ....Bargaining and the price of new pharmaceuticals in Australia: An empirical analysis. The proposed research will consider whether there is a trade-off between price and access and will identify features of the regulatory framework that contribute to delays in securing access to drugs for diseases with no alternative therapy. It will provide decision makers with the necessary information to negotiate the lowest achievable price for drugs, freeing up resources for use elsewhere in the health sector or slowing the growth in healthcare expenditure.Read moreRead less
Growth, Trade, and Economic Development in Asia. Future growth in Asia has strong implications for growth, relative wages, skill levels, human capital accumulation and trade in Australia. This project seeks to gain insight into whether the high economic growth rates experienced in Asia will continue into the future and whether low income Asian countries will take off in the future. This information will be used to simulate future demand for skills, relative wages, trade and the incentives to inv ....Growth, Trade, and Economic Development in Asia. Future growth in Asia has strong implications for growth, relative wages, skill levels, human capital accumulation and trade in Australia. This project seeks to gain insight into whether the high economic growth rates experienced in Asia will continue into the future and whether low income Asian countries will take off in the future. This information will be used to simulate future demand for skills, relative wages, trade and the incentives to invest in Australia and give insight into the effects of various policies in Australia on educational decision, skill composition, relative wages, trade and growth.Read moreRead less
Economic Analyses of Competitor Collaboration: Theory, Evidence, and Policy Implications. Several industries in Australia (eg. airlines, banking, telecommunications) exhibit some common characteristics: few big firms, with significant market power, selling differentiated products. Given the level of market concentration in these industries, mergers are unlikely to improve welfare. However, is the same true for collaborations on value-creating activities? What decisions, if any, should any two fi ....Economic Analyses of Competitor Collaboration: Theory, Evidence, and Policy Implications. Several industries in Australia (eg. airlines, banking, telecommunications) exhibit some common characteristics: few big firms, with significant market power, selling differentiated products. Given the level of market concentration in these industries, mergers are unlikely to improve welfare. However, is the same true for collaborations on value-creating activities? What decisions, if any, should any two firms be allowed to collaborate on? What are their effects on rival firms and consumers? The project will develop the first unifying framework to address these questions. Our research findings are expected to assist the competition policymakers in comprehensively assessing the welfare impacts of competitor collaborationsRead moreRead less
Analysis of the Global Price Competitiveness of Tourism with particular reference to Australia. Price competitiveness is a key determinant of tourism flows, and this project will measure and explain global patterns in competitiveness. Building on earlier work by the investigators, it will expand the measures of competitiveness and develop a new method for measuring competitiveness in package tourism. Cross country differences in industry productivity are a primary reason why competitiveness di ....Analysis of the Global Price Competitiveness of Tourism with particular reference to Australia. Price competitiveness is a key determinant of tourism flows, and this project will measure and explain global patterns in competitiveness. Building on earlier work by the investigators, it will expand the measures of competitiveness and develop a new method for measuring competitiveness in package tourism. Cross country differences in industry productivity are a primary reason why competitiveness differs; productivity will be measured using input and output prices. Patterns in productivity will be analysed, and the hypothesis that productivity varies inversely with real incomes, observed in other service industries, will be tested.Read moreRead less