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NEW ZEALAND - OECD

SCIENCE AND INNOVATION: NEW ZEALANDOECD SCIENCE, TECHNOLOGY AND INDUSTRY OUTLOOK 2012 OECD 2012352 NEW ZEALANDG eneral features of the STI system: In spite of asignificant reform effort, New ZEALAND s long-runproductivity performance has been disappointing. Itseconomic geography a small market in a peripherallocation creates challenges. Its economic structurerelies heavily on its primary industries and it lackslarge firms. This limits the level and leverage effectsof business R&D investments throughout the broaderSTI system. BERD intensity is low at just of GDPin 2009 (Panel 1(d)). Yet the innovation system hassome strengths. The comparatively high share ofpublic research funded by industry indicates soundlinkages (1(o)).

IV.10. SCIENCE AND INNOVATION: NEW ZEALAND OECD SCIENCE, TECHNOLOGY AND INDUSTRY OUTLOOK 2012 © OECD 2012 353 Figure 10.30. Science and innovation in New Zealand

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