INNOVATION IN THE CITY
Economic complexity: Germany vs NZ Connect Collaborate Diversify Scale-up (Adapted from Shaun Hendy & Paul Callaghan 2014)
Key indicatorsSwitzerlandSwedenGermanyDenmarkNew Zealand GDP/capita US$45,00042,00039,00038,00029,000 Total R&D expenditure Hi-tech manufacturing Cluster development Academic- industry collaboration Ease of starting a business GDP/capita vs complexity, connectivity - global rankings (Global Innovation Index 2013)
Progress made in the city Connect: NZTE, ATEED, CI, NZIC, IIB, WQ Commercialisation: CI, KiwiNet, Return on Science, Health Innovation Hub, Universities, CRIs, ICEHOUSE, VCs, IP firms Clusters: F&B – Manukau, Foodbowl, UoA F/H programme, P&F Res ICT – WQ Innovation Precinct, city-wide Health technologies: Grafton, Newmarket (tech park?), Mt Wellington, Henderson Materials, manufacturing: Tamaki, Mt Wellington, city-wide Ecosystem: industry networks, workshops, Bioscience Enterprise Forums
Still to do in the city – change attitudes Academia: Industry engagement strategy What are the market needs? Change staff attitudes Set expectations and incentives Staff exchanges Industry: Increase R&D investment Connect and collaborate Maximise local strengths Staff exchanges External market focus
Still to do in the city – scale up Make it a priority to attract multinational companies: R&D centres High-tech manufacturing Tailored value propositions Strategy and targets Regional collaboration Job creation Skill retention
A GREAT BIG THANK YOU FOR ALL YOUR SUPPORT FOR THE IIB AND THE BIOSCIENCE ENTERPRISE PROGRAMME