Share of innovation expenditure spent by businesses Australia 2014/2015

Share of expenditure spent on innovation by businesses in Australia in 2014/2015

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Source

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Release date

July 2016

Region

Australia

Survey time period

2014/2015

Supplementary notes

Innovation is defined as the introduction of a new or significantly improved good or service; operational process; organisational/managerial process; or marketing method.
The source does not specify the variation of annual figures from FY figures.
Note: 1 Australian dollar equals 0.75 U.S. dollars and 0.70 euros (as of November 2016).

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