Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Callaghan Innovation Bill passes third reading


HON STEVEN JOYCE

Minister of Science & Innovation
4 December 2012 Media Statement
Callaghan Innovation Bill passes third reading

The Callaghan Innovation Bill, which establishes a new high-tech HQ for manufacturing and services firms, today passed its third and final reading in Parliament.

Science and Innovation Minister Steven Joyce says Callaghan Innovation will be a one-stop shop offering firms the business innovation support they need to lift their international competitiveness and in turn boost New Zealand’s economic growth.

“New Zealanders are great at coming up with smart ideas but we need to be more successful at translating those ideas into high-tech products we can sell to world markets. Callaghan Innovation will help get those ideas into the marketplace faster,” Mr Joyce says.

“As well as offering its own research and development and product-testing services, Callaghan Innovation will better connect firms with the significant but highly-distributed innovation expertise, facilities and new technologies that exist across New Zealand’s many research organisations.

“It will also manage the Government’s business R&D co-funding streams; build partnerships to maximise commercialisation opportunities; and develop global connections through which New Zealand companies can access international expertise and keep abreast of technology trends and market opportunities.

“The Government has set a goal of raising the amount firms spend on R&D from 0.54 per cent to 1 per cent of GDP, and we see Callaghan Innovation playing a critical role in helping to leverage that greater investment.

“It will focus on industries with high growth potential such as food and beverage manufacturing, agri-technologies, digital technologies, health technologies, therapeutics, and high-value wood products.”

Callaghan Innovation will be based in Auckland, Wellington (including the Hutt Valley) and Christchurch. The new Crown entity is named after the late New Zealand scientist Sir Paul Callaghan, who championed the role science could play in boosting economic growth.


ENDS


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Mt Eden Prison: Serco Inquiry Extended

A two month delay to the Government investigation into prison fight clubs shows the extent of problems within the Serco circus, says Labour’s Corrections spokesperson Kelvin Davis. More>>

ALSO:

Health And Safety: Late Addition Of National Security Provisions A Concern

The New Zealand Law Society has expressed its significant concerns at the last-minute addition to the Health and Safety Reform Bill of provisions for a closed material procedure for court proceedings where national security is involved. More>>

ALSO:

Rugby And Beer: World Cup Alcohol Bill Passes

ACT MP David Seymour’s Sale and Supply of Alcohol (Extended licensing hours during Rugby World Cup) Bill completed its third reading by 99 to 21... More>>

ALSO:

Gordon Campbell: On The Flag Campaign

So far, the public has treated the government’s flag campaign with something between disinterest and disdain. Most New Zealanders have instinctively seen through the marketing hype involved. More>>

Change For 2017: Local Govt To Decide On Easter Sunday Trading

The Government is to enable local communities, through councils, to decide whether retailers can open on Easter Sunday, Workplace Relations and Safety Minister Michael Woodhouse announced. More>>

ALSO:

(And Targets Worse Than Australia's): Foresters Abandoning Emissions Trading Scheme

The Government’s gutting of the Emissions Trading Scheme has caused foresters to leave and emissions to rise, says Labour’s Climate Change spokesperson Megan Woods. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news