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Industrial Capabilities and Productivity in Victoria: Part I The Company Survey

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Author Info
Anne Leahy () (Melbourne Institute of Applied Economic and Social Research, The University of Melbourne)
Joanne Loundes (Melbourne Institute of Applied Economic and Social Research, The University of Melbourne)
Elizabeth Webster () (Melbourne Institute of Applied Economic and Social Research, The University of Melbourne)
Jongsay Yong () (Melbourne Institute of Applied Economic and Social Research, The University of Melbourne)

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Abstract

This paper presents the main findings from a study of six industrial capabilities in leading Victorian sectors. The capabilities included manufacturing, design, information and communications technology (ICT), biotechnology, environment technologies and business services. Eighty-eight companies and organisations were interviewed for the study. We found that the main requirements for the successful creation of a capability was the ability of the company to recruit and retain the best graduates from universities and technical schools, the ability to offer training to these graduates and the ability to financially support high and consistent levels of R&D over time. The main requirement for the successful use of a capability was effective company networking, conducive work cultures, supportive government regulations and the provision of complementary specialised training.

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Publisher Info
Paper provided by Melbourne Institute of Applied Economic and Social Research, The University of Melbourne in its series Melbourne Institute Working Paper Series with number wp2003n12.

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Length: 29 pages
Date of creation: May 2003
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Handle: RePEc:iae:iaewps:wp2003n12

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