This data has been created by the Regional Australia Institute for the [In]Sight competitive index released in 2012. Modelled on the World Economic Forums Global Competitiveness Report [In]Sight was developed in collaboration with Deloitte Access Economics and combines data from sources including the Australian Bureau of Statistics and the Social Health Atlas of Australia. The institutional environment within a specific region is determined by a combination of Commonwealth State and local government controls. These institutions play an integral role in creating the legal and administrative framework within which investors and businesses operate and households reside and therefore have a strong bearing on competitiveness due to the level of influence on investment decisions. For instance an investment environment with minimal red tape may increase the incentives to invest in a certain region. Alternatively a lack of transparency or trustworthiness in the institutional framework may serve to discourage investment.

This data has been created by the Regional Australia Institute for the [In]Sight competitive index released in 2012. Modelled on the World Economic Forum's Global Competitiveness Report [In]Sight was developed in collaboration with Deloitte Access Economics and combines data from sources including the Australian Bureau of Statistics and the Social Health Atlas of Australia. Market size and proximity to market are important determinants of regional competitiveness for non-metropolitan regions of Australia. Generally larger markets allow firms to develop and benefit from economies of scale and encourage entrepreneurship and innovation. A small residential population and low numbers of local businesses can reduce economic opportunities and limit business growth.

This data has been created by the Regional Australia Institute for the [In]Sight competitive index released in 2012. Modelled on the World Economic Forums Global Competitiveness Report [In]Sight was developed in collaboration with Deloitte Access Economics and combines data from sources including the Australian Bureau of Statistics and the Social Health Atlas of Australia. Infrastructure and transport (and by extension essential services) are crucial elements in determining the location of and type of investment activities and business sectors that can develop in a region. Well-developed infrastructure particularly dependable electricity and telecommunications systems are an integral component of business production. Similarly effective transport systems are vital in allowing regions to move their goods and services in a secure and timely fashion. Both of these measures directly influence a region's competitiveness as they improve the region's ability to host economic activities through adequate infrastructure and also increase the region's ability to interact with other markets.

This data has been created by the Regional Australia Institute for the [In]Sight competitive index released in 2012. Modelled on the World Economic Forums Global Competitiveness Report [In]Sight was developed in collaboration with Deloitte Access Economics and combines data from sources including the Australian Bureau of Statistics and the Social Health Atlas of Australia. Economic conditions determine the quality of the general economic climate in a region. Economic stability is a key factor in ensuring high levels of trust in the market for both consumers and producers. High levels of trust lead to high long term investment rates (by businesses and households) which are an integral component of competitiveness. Conversely uncertainty acts as a deterrent to investment thereby decreasing competitiveness.

This data has been created by the Regional Australia Institute for the [In]Sight competitive index released in 2012. Modelled on the World Economic Forums Global Competitiveness Report [In]Sight was developed in collaboration with Deloitte Access Economics and combines data from sources including the Australian Bureau of Statistics and the Social Health Atlas of Australia. Information and communication technologies have historically played a crucial role in creating innovative and more efficient work practices and lifestyles improving productivity and greatly speeding up commercial processes. At present digital innovations are transforming the way businesses operate from retail services through to manufacturing and primary industries. For non-metropolitan regions to keep pace with metropolitan Australia businesses and households need access to the latest technologies and the skills to use them. Therefore technological readiness and a region's speed in adopting technologies is a vital element in determining a regions competitiveness and ability to attract investment by both households and businesses.

공공이 혁신제품을 선도적으로 구매해 기술혁신, 혁신 성장을 지원하고 우수 R&D 결과물, 신기술 인증 제품 등을 대상으로 지정하는 제도

This data has been created by the Regional Australia Institute for the [In]Sight competitive index released in 2012. Modelled on the World Economic Forums Global Competitiveness Report [In]Sight was developed in collaboration with Deloitte Access Economics and combines data from sources including the Australian Bureau of Statistics and the Social Health Atlas of Australia. Both employment rates and the levels of labour force participation are key inputs into the creation of an efficient labour market. Generally long-term unemployment indicates the presence of inherent structural problems which may adversely impact competitiveness. Low labour force participation may reflect low education levels in the region a lack of economic opportunities or an atypical age structure (such as a skew towards retirement age persons).