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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)).

IV.10. SCIENCE AND INNOVATION: NEW ZEALAND 352 OECD SCIENCE, TECHNOLOGY AND INDUSTRY OUTLOOK 2012 © OECD 2012 NEW ZEALAND General features of the STI system: In spite of a ...

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