Russell Thomson is an economist at the Melbourne Institute of Applied Economic and Social Research, the University of Melbourne. Dr Thomson specialises in applied industrial economics with a particular interest in technological change and innovation policy. He has a PhD from Australian National University and has published in leading international academic journals including National Tax Journal, Strategic Management Journal, Oxford Economic Papers, Research Policy and The Economic Record. In addition to his academic work, Dr Thomson regularly undertakes applied policy oriented research for clients including the Department of Industry, Department of Foreign Affairs and Trade and the Victorian Department of Treasury and Finance. Russell has also published a few opinion editorials in the Australian Financial Review.