HOW MUCH R&D SHOULD AUSTRALIA UNDERTAKE?

Authors

  • Robert Brooks,

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      We thank Michael Gangemi for his research assistance. We also wish to thank two anonymous referees for their helpful comments on an earlier version of this paper. This paper forms part of an ongoing research project into Australian R&D activity, partially funded by the Taxpayers' Research Foundation

  • Sinclair Davidson

    1. RMIT Business
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      We thank Michael Gangemi for his research assistance. We also wish to thank two anonymous referees for their helpful comments on an earlier version of this paper. This paper forms part of an ongoing research project into Australian R&D activity, partially funded by the Taxpayers' Research Foundation


Abstract

This paper explores the debate on R&D policy in Australia via an analysis that compares the level of R&D in Australia to a cross-section of countries. Using survey data from the Global Competitiveness Report and economic data we find that R&D levels are consistent with expectations given business attitudes, the property rights regime and economic characteristics.

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