Parliament

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

 

Prime Minister Welcomes Focus On Innovation

Rt Hon John Key
Prime Minister
21 August 2012 Media Statement

Prime Minister Welcomes Focus On Innovation

Prime Minister John Key has welcomed the release of the Building Innovation report – the second of six progress reports to be released under the Government’s Business Growth Agenda.

Mr Key launched the new report at a business breakfast in Wellington this morning with Science and Innovation Minister Steven Joyce and Communications and Information Technology Minister Amy Adams.

“This report gives a clear picture of the more than 50 policy initiatives the Government has underway to improve innovation, competition and the commercialisation of smart ideas and research into new products,” Mr Key says.

“One of the targets included in the report is to almost double the amount businesses spend on research and development – from 0.54 per cent of GDP to more than 1 per cent of GDP.

Mr Key says building innovation is central to building a more competitive and productive economy, one of the National-led Government’s four main priorities for this term.

“Earlier this year the Government announced we will invest $166 million over the next four years to create a new Advanced Technology Institute to build better linkages between scientists and businesses.

“Today it was announced the Advanced Technology Institute will be named after the late Sir Paul Callaghan, which is a fitting tribute for this outstanding New Zealander and eminent scientist.

“Sir Paul championed the idea that science could make New Zealand a better place. He believed science was not only about great ideas, but about getting value from those ideas through innovation and commercialisation,” Mr Key says.

“I would like to thank the Callaghan family for allowing us to honour his memory by naming the Institute after him.”

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Lessons From Australia’s Election


Australia’s new PM Anthony Albanese faces an obvious dilemma, barely before he gets his feet under the desk. Australia is the world’s leading exporter of coal. Will the new Labor government prioritise the jobs for Queensland/NSW workers in its mining-dependent communities - or will Labor start to get serious about climate change, and risk the inevitable political backlash from making a major shift into renewables..?
More>>



 
 

Government: New Zealand To Stay At Orange For Now
With New Zealand expecting to see Omicron cases rise during the winter, the Orange setting remains appropriate for managing this stage of the outbreak, COVID-19 Response Minister Chris Hipkins said today... More>>

Australian Election: Prime Minister Congratulates Anthony Albanese
Prime Minister Jacinda Ardern has congratulated Anthony Albanese and the Australian Labor Party on winning the Australian Federal election, and has acknowledged outgoing Prime Minister Scott Morrison... More>>

Government: Helps Supermarket Shoppers Get A Fair Deal
Urgent Budget night legislation to stop major supermarkets blocking competitors from accessing land for new stores has been introduced today, Minister of Commerce and Consumer Affairs Dr David Clark said... More>>


Government: Independent Panel Appointed To Review Electoral Law
Justice Minister Kris Faafoi today announced appointments to the independent panel that will lead a review of New Zealand’s electoral law. “This panel, appointed by an independent panel of experts... More>>


Trade: Prime Minister To Visit United States
Prime Minister Jacinda Ardern is leading a trade mission to the United States this week as part of the Government’s reconnection strategy to support export growth and the return of tourists post COVID-19... More>>


National: Jacqui Dean To Retire From Parliament In 2023

Waitaki MP Jacqui Dean has announced that she will not be seeking re-election at the 2023 election. “I have advised the President and Leader of the National Party that I have decided not to put my name forward... More>>

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels