Magazine article New Zealand Management

INTOUCH : How to Boost Innovation

Magazine article New Zealand Management

INTOUCH : How to Boost Innovation

Article excerpt

While New Zealanda[euro]s innovation a[euro]ecosystema[euro] already contributes to our export performance and wealth a[euro]" it could do a lot better.

Thata[euro]s the gist of a recent report from The New Zealand Institute which notes that this countrya[euro]s R&D spending per capita is well below average for the OECD. It also highlights the benefits of a healthy innovation sector by summarising outcomes from the Technology Investment Networka[euro]s TIN100.

This estimates that our top 100 technology companies produced overall revenues of $6.6 billion in 2008/2009 with $5.1 billion exported. These companies contributed over 23,000 jobs to the economy with an average revenue per job of $280,000. And theya[euro]re growing.

But despite an increase in effort over the past decade, New Zealanda[euro]s innovation scorecard rates below that of other small countries headed down the same innovation track. The report identifies four major obstacles to address if wea[euro]re to improve on what has already been put in place. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.