I have developed this flowchart to reveal the complex interplay among various metrics influencing Australia's innovation performance.
The flowchart is structured as follows:
Left Side: Focuses on innovation adoption, highlighting metrics that measure how existing innovations are integrated and utilised within the country.
Right Side: Emphasises innovation creation, showcasing metrics that assess the development of new technologies and ideas.
The elements within the flowchart are colour-coded for clarity:
Green Blocks: Represent specific metrics used to evaluate innovation performance.
Blue Blocks: Denote aspects of culture that impact innovation, such as organisational behavior and societal attitudes towards new technologies.
Brown Blocks: Indicate various factors that influence innovation, including economic conditions, policy frameworks, and infrastructure.
Orange Blocks: Correspond to reports and assessments that provide insights into Australia's innovation landscape. Productivity Commission and Innovation Metrics Report.
This visual representation aims to clarify the relationships and effects among these components, offering a comprehensive understanding of the factors that drive or hinder innovation in Australia.