Innovation in Queensland Firms

Implications for the Smart State

Authors

  • Jay Weerawardena University of Queensland

DOI:

https://doi.org/10.1017/S1321816600002543

Keywords:

Smart State, Australian firms, innovation policy statements, competitive advantage, innovation strategies and behaviour

Abstract

The challenges in the business environment are forcing Australian firms to be innovative in all their efforts to serve customers. Reflecting this need there have been several innovation policy statements both at Federal and State government level aimed at encouraging innovation in Australian industry. In particular, the innovation policy statement launched by the Queensland government in the year 2000 primarily intends building a Smart State through innovation. During the last few decades the Australian government policy on innovation has emphasized support for industry R&D. However industry stakeholders demand a more firm-focused policy of innovation. Government efforts in this direction have been hindered by a lack of a consistent body of knowledge on innovation at the firm level. In particular the Australian literature focusing on firm level antecedents of innovation is limited and fragmented. This study examines the role of learning capabilities in innovation and competitive advantage. Based on a survey of manufacturing firms in Queensland the study finds that both technological and non-technological innovations lead to competitive advantage. The findings contribute to the theory competitive advantage and firm level antecedents of innovation. Implications for firm level innovation strategies and behaviour are discussed. In addition, the findings have important implications for Queensland government's current initiatives to build a Smart State through innovation.

Author Biography

  • Jay Weerawardena, University of Queensland

    Jay Weerawardena is a Lecturer at the UQ Business School, St Lucia, and has presented papers at reputed international conferences in marketing and management including conferences conducted by the American Marketing Association and the Academy of Management. His current research interests include capabilities and innovation-based competitive strategy, entrepreneurial marketing, new service development and social entrepreneurship. Before becoming an academic Jay worked as Marketing Director in a British multinational engineering company in Sri Lanka.

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Published

2003-05-01

How to Cite

Weerawardena, J. (2003). Innovation in Queensland Firms: Implications for the Smart State. Queensland Review, 10(1), 89-101. https://doi.org/10.1017/S1321816600002543