Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Building Innovation Into Our Collective DNA

Media statement Tuesday, August 21st, 2012

Building Innovation Into Our Collective DNA the Most Worthwhile Mission

The Building Innovation Report issued today fulfils its aim of painting the full picture of where we are up to with this most important factor for our future, the Employers & Manufacturers Association says.
But it only hints at the challenge ahead if we are to make innovation a defining characteristic of our collective DNA.

"Innovation is where productivity and a better economic performance begins," said Kim Campbell, EMA's chief executive.

"Its importance for New Zealand cannot be overstated.

"It's a truism New Zealand needs to be doing far more R&D and science, but innovation applies much farther than that driven solely by science and we are pleased the report recognises this.

"Also scientists are often not the best people to advise policy makers on the sorts of innovation that will serve New Zealand best. Rather, we will be seeking much more emphasis on business-led science.

"Government and business alike need to be much bolder on innovation as the evidence is clear; R&D and science repays the investment in it.

"Now we need a plan of action to galvanise business investment in innovation as it represents their best chance for making money and employing more people."


© Scoop Media

Business Headlines | Sci-Tech Headlines


Energy: New Zealand Could Be World’s First Large-scale Producer Of Green Hydrogen

Contact Energy and Meridian Energy are seeking registrations of interest to develop the world’s largest green hydrogen plant. The plant has the potential to earn hundreds of millions in export revenue and help decarbonise economies both here and overseas... More>>

MBIE: 36th America’s Cup Post-event Reports Released

Post-event reporting on the 36th America’s Cup (AC36) has been released today. The reports cover the delivery of the event by Crown, Council and America’s Cup Event Limited, economic impacts for Auckland and New Zealand, and delivery of critical infrastructure... More>>

Fonterra: Farmer Feedback Set To Shape Revised Capital Structure Proposal

With the first phase of Fonterra’s capital structure consultation now complete, the Co-op is drawing up a revised proposal that aims to reflect farmers’ views. A number of changes are being considered to the preferred option initially put forward in the Consultation Booklet in May... More>>

Statistics: Household Saving Falls In The March 2021 Quarter

Saving by New Zealanders in the March 2021 quarter fell to its lowest level in two years after rising sharply in 2020, Stats NZ said today. Increases in household spending outpaced income growth, leading to a decline in household saving from the elevated levels that prevailed throughout 2020... More>>