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Ignore the ‘ivory tower’ clichés – universities are the innovation partners more Kiwi businesses need
NicoElNino/Shutterstock When it comes to turning research into real-world success, New Zealand has a problem. Despite the country’s NZ$3.7 billion research and development spending in 2023 – a 17% jump from the previous year — too many New Zealand businesses fail to commercialise innovation. According to the World Intellectual Property Organization, New Zealand ranks 21st for innovation inputs. This means we’re good at investing in research and development. But we rank 45th in knowledge outputs and 78th in industry diversification. … Continue reading “Ignore the ‘ivory tower’ clichés – universities are the innovation partners more Kiwi businesses need”