2007-10-17T12:13:51+08:00 1 88 false true false Knowledge Economy Opportunities for Australian Firms in the Asia Pacific Region 2004-02-15T12:00:00+08:00

<p>This briefing paper was produced for the Australian Business Foundation to stimulate debate and to explore options for engagement in the Asia-Pacific region.&nbsp;&nbsp;Through a series of&nbsp;industry case studies, this paper demonstrates that there are&nbsp;untapped opportunities for Australian business&nbsp;in high growth knowledge intensive industries in the Asia Pacific region.&nbsp; Although traditional commodity industries have contributed significantly to exports, the future lies in competing on superior knowledge and skills.&nbsp;&nbsp;Within these industries there are hidden strengths that could be capitalised on, ie, adding valuable services to traditional products to provide customised solutions&nbsp;and adopting more sophisticated sales and marketing techniques.</p><p>With a few exceptions, SMEs are lagging behind their competitors in&nbsp;adopting knowledge management approaches to capture their share of the export dollar in this&nbsp;rapidly growing regional economy.&nbsp; These businesses would be better served by government policy which supports the potential for Australian businesses to tap into global&nbsp;production chains&nbsp;through better knowledge management processes and capabilities, rather than focusing on&nbsp;information and&nbsp;communications&nbsp;technology hardware and infrastructure.&nbsp; </p>

2008-07-10T19:54:44+08:00