Growth, Skills and innovation in the Tasmanian industrial structure: key changes over time and potential for future growth

Abstract

The main approach of this paper is to provide a descriptive picture of the Tasmanian economy and key changes in the industrial structure over time, focusing on larger and faster growing sectors, and mapping the characteristics of change across industry in employment, output, occupations, qualifications, and productivity. The paper then considers industries with potential for future growth based on areas of revealed capability and innovation. The paper draws on ABS data as well as data from the 2007 AIRC Tasmania Innovation Census (TIC). The paper is structured in two main sections: the first overviews historic structure and change across the Tasmanian economy and the second section considers indicators for future growth in tem1S of industry capabilities and innovation characteristics.