Michael Plank, University of Canterbury; Shaun Hendy, University of Auckland, and Siouxsie Wiles, University of …
Read More »NZ firms innovate more with R&D grants but overall innovation commercialisation is down, report shows
Research out today shows that while getting a government research and development grant almost doubles the likelihood a company will introduce a world-first innovation, there’s also evidence Kiwi firms are not good at commercialising their clever ideas. The government’s Business Growth Agenda targets increasing business expenditure on R&D, which is low by OECD standards, to 1 percent of gross domestic product by …
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