Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


International collaborations shown to benefit NZ Inc.

Universities New Zealand has today released a new Deloitte Access Economics report that assesses the benefits of international collaboration between New Zealand and overseas universities. It finds that collaboration on joint research, and the active encouragement of staff and student exchanges between them, bring strong economic benefits for the public.

The report, Assessing returns on international collaboration, was commissioned from Deloitte Access Economics by Universities New Zealand in order to get a better understanding of how international collaborations of all types can benefit New Zealand. The sorts of international collaboration activities assessed have a good economic return over a fifteen-year period as they are shown to generate knowledge and ideas that transfer to businesses and government and that, in turn, lift economic activity.

“We know that there are significant benefits to be had from collaborating with overseas partners, but until now it has been relatively difficult to quantify just what those benefits are, and how they translate to the wider economy and society,” says Universities New Zealand Executive Director, Chris Whelan.

“New Zealand taxpayers pay for a fair proportion of this collaboration activity through Government funding. It is important for us to be able to defend this investment and to prove its value.”

The key economic returns from every $1 invested into international collaboration after 15 years are:

• $2.46: International research collaboration – where academics and research teams from separate countries jointly produce academic research.
• $0.61: Academic mobility – where academic researchers physically move across borders, including both short-term exchanges and more-permanent migration. While it delivers an unfavourable return, there are other non-economic benefits such as a positive impact on international rankings.
• $1.06: Student flows – where international collaboration initiatives impact student flows between countries, covering both one and two semester exchanges and degree-length exchanges.
• $5.87: Work placement programmes – where students studying abroad undertake internships with local businesses. These can be thought of as an extension of the benefits of from student flows.

The report identified a wide range of other benefits from these collaboration activities where the economic benefit could not be reliably estimated. These other benefits include growing people-to-people links, fostering trade, supporting diplomatic links, and raising the profile of New Zealand more broadly.

“The other interesting finding in the report is that the vast majority of the economic benefit arising from international research collaboration goes to businesses that commercialise the resulting intellectual property and to government and taxpayers through increased tax revenue. Similarly, the vast majority of the benefits from student flows and work placement programmes goes to the students who enjoy better employment prospects and higher incomes and then on to the Government and taxpayers also through increased tax revenue.

“As the report notes, there is a significant opportunity for the Government to increase their support for international collaboration opportunities, given the clear returns from this sort of activity,” says Chris Whelan.

The full report is available here

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Mosque Shooting Response: Ban On Military Style Semi-Automatics And Assault Rifles

Military style semi-automatics and assault rifles will be banned in New Zealand under stronger new gun laws announced today, Prime Minister Jacinda Ardern says... Related parts used to convert these guns into MSSAs are also being banned, along with all high-capacity magazines.

“An amnesty will be put in place for weapons to be handed in, and Cabinet has directed officials to develop a buyback scheme...All semi-automatic weapons used during the terrorist attack on Friday 15 March will be banned." More>>

RNZ Report: No Mention Of Right-Wing Threat In 10 Years Of GCSB/SIS Docs
There is not one specific mention of the threat posed by white supremacists or right-wing nationalism in 10 years of public documents from the Security Intelligence Service or the GCSB. More>>

Two Minute Silence Friday: Auckland Mosques Opening Their Doors To All
Mosques in the four corners of Auckland will open their doors on Friday night for people of all faiths to gather in remembrance of the 50 lives lost in the Christchurch shootings. More>>

For the Latest: Scoop Search - Christchurch

Gordon Campbell: On The School Climate Strike

Locally, the school strike has won a ton of support for bringing climate change to the fore. Yet the strikers don't want mere expressions of support. They want action. More>>


"Grabbed And Struck In The Face": Greens Co-Leader Attacked While Walking To Work

Green Party co-leader James Shaw was the victim of an unprovoked attack when he was walking to work in Wellington. More>>


████████ ████ ███: Latest OIA Statistics Released

The latest statistics cover 110 agencies that collectively completed 18,106 official information requests between July and December 2018, a 16.4% increase on the 15,551 requests for the previous six months. More>>


'Hit And Run' Inquiry: New Legal Action Over Secrecy

The lawyer representing the Afghan villagers in the inquiry into Operation Burnham has launched legal proceedings calling for a judicial review in the investigation. More>>


From Hydro Plan To...: Mokihinui River Land To Join Kahurangi National Park

A total of 64,400 hectares of conservation land in the Mokihinui River catchment on the West Coast north of Westport, including 15 km of riverbed, is being added to Kahurangi National Park. “Adding this area, roughly half the size of Auckland City, to Kahurangi is the largest addition of land to an existing national park in New Zealand’s history,” Eugenie Sage said. More>>





InfoPages News Channels