This statistic shows the share of expenditure spent on innovation by businesses in Australia in 2014/2015. That year, about 10.9 percent of all companies in Australia spent between 25,000 and 50,000 Australian dollars on innovation.
Share of expenditure spent on innovation by businesses in Australia in 2014/2015
Characteristic
Share of businesses
No expenditure
27.7%
1 to less than 25,000 Australian dollars
45.9%
25,000 to less than 50,000 Australian dollars
10.9%
50,000 to less than 100,000 Australian dollars
6.3%
250,000 to less than 1,000,000 Australian dollars
5.4%
1,000,000 to less than 5,000,000 Australian dollars
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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Australian Bureau of Statistics. (July 28, 2016). Share of expenditure spent on innovation by businesses in Australia in 2014/2015 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/644262/australia-total-innovation-expenditure/
Australian Bureau of Statistics. "Share of expenditure spent on innovation by businesses in Australia in 2014/2015." Chart. July 28, 2016. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/644262/australia-total-innovation-expenditure/
Australian Bureau of Statistics. (2016). Share of expenditure spent on innovation by businesses in Australia in 2014/2015. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/644262/australia-total-innovation-expenditure/
Australian Bureau of Statistics. "Share of Expenditure Spent on Innovation by Businesses in Australia in 2014/2015." Statista, Statista Inc., 28 Jul 2016, https://www.statista.com/statistics/644262/australia-total-innovation-expenditure/
Australian Bureau of Statistics, Share of expenditure spent on innovation by businesses in Australia in 2014/2015 Statista, https://www.statista.com/statistics/644262/australia-total-innovation-expenditure/ (last visited July 22, 2024)
Share of expenditure spent on innovation by businesses in Australia in 2014/2015 [Graph], Australian Bureau of Statistics, July 28, 2016. [Online]. Available: https://www.statista.com/statistics/644262/australia-total-innovation-expenditure/
