Innovation in export specialist paper

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Decades of research reveal a strong link between exporting, innovation and productivity.

Across the economy, the OECD estimates that as much as 50 per cent of growth comes from innovation.* And a 2013 study by the Melbourne Institute of Applied Economic and Social Research found some evidence that “learning by exporting” was a driver of innovation among small and medium enterprises (SMEs).†

As you move into the global marketplace, you have the opportunity to learn from international best practice. That helps you become more innovative and more productive, giving you an enduring competitive edge, both at home and abroad.

The information contained in this special paper looks at six different ways Australian SME exporters are driving growth through innovation, including:

  • Product and service innovation
  • Delivery innovation
  • Business model innovation
  • Process innovation
  • Marketing innovation, and
  • Financing.

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The information in this document is published for general information only and does not comprise advice or a recommendation of any kind.  A person or entity should seek their own independent legal and financial advice. While Efic endeavours to ensure this information is accurate and current at the time of publication, Efic makes no representation or warranty as to its reliability, accuracy or completeness.  To the maximum extent permitted by law, Efic will not be liable to you or any other person for any loss or damage suffered or incurred by any person arising from any act, or failure to act, on the basis of any information or opinions contained in this document.

* OECD Innovation Strategy 2015: An agenda for policy action.
† Palangkaraya: The Link between Innovation and Export: Evidence from Australia’s Small and Medium Enterprises, 2012.