Weak innovation, competition factors in low productivity

Wed, 29 Apr 2020

Weaknesses in innovation, international connections, management capability and ownership structures may be holding back the country’s top-performing businesses, the Productivity Commission says. Most of the country’s most productive firms are “well behind” their global peers in terms of their levels of productivity and their productivity growth rates, while the productivity range of the other 90 percent of firms appears to be wider than those seen in comparable member countries of the Organisation for Economic Cooperation and Development, th...

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