To increase productivity, firms must change – that is innovate.
Knowledge, ideas and innovation can boost productivity and lead to higher living standards for people around the world.
Our research delves into real firm behaviour to understand barriers to innovation and the repercussions.
We harness this understanding to optimise innovation support that can encourage a more productive society.
Featured Projects
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CommBank-Melbourne Institute National Innovation Index
This Index captures innovation trends and organisational output across the country, measuring a variety of inputs and outputs against a benchmarked scale.
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Returns to Australian Business Investment in R&D
Business investment in R&D creates large benefits for the whole economy. Every dollar invested in R&D can produce the equivalent of $1.49 in social returns.
Our work traces how firms generate and diffuse knowledge across the economy to explain productivity drivers, firm evolution, and why some firms lag behind technological frontiers.