Innovation and Enterprise in the Australian Automotive Industry

Running head: INNOVATION AND ENTERPRISE
Innovation and Enterprise
Name of the student
Name of the university
Author note

1INNOVATION AND ENTERPRISE
Contents
Introduction......................................................................................................................................2
Discussion and analysis...................................................................................................................2
Critical evaluation............................................................................................................................4
Conclusion.......................................................................................................................................6
References........................................................................................................................................8

2INNOVATION AND ENTERPRISE
Introduction
The Automotive industry in Australia consist oligopolistic producers of vehicle namely
the Ford Motor Company, Toyota Motor Corporation and the GM Holden in Australia (Chou et
al. 2015). Over the past few decades, various procedures and organizational innovations have
been made in the automotive industry of Australia (Xu 2018). The paper illustrates the
Australian automotive industry and the scope of innovation in the industry in the upcoming days.
The key research questions of this study include proper identification of process, product and the
innovations related to the industry, why has been the innovation been introduced and the possible
effects of innovation on the professional practices for anticipating further innovation or change.
The paper will discuss some of the key issues related to the automotive industry and the growing
competition in the market of Australia.
Discussion and analysis
Joining an automotive industry and developing a career in the industry has been my
dream since childhood. I have always been attracted to automobiles and vehicles from my initial
days since the parts and the structures of them use to fascinate me and I developed keen interest
regarding automobiles and their management from that time. Throughout the years, the
government of Australia has enabled great protection towards the Automobile industry of
Australia in many ways like ensuring minimum level of the requirement of local content, import
of tariffs and quotas on the vehicles coming from foreign and more (Rathod and Sardar 2015).
This help from the government has enabled in successful development of the automobile
industry throughout the decades and limited competition from the external forces. But over the
decades it has been found that these over protections by the government have failed in the