Innovations

There is a third category of industry where development offers potential for the New Zealand future. This consists of new activities based on innovative thinking and the development of new products and services — things we cannot necessarily even visualise today. I would hope that the the pool of university graduates will provide many of the innovations New Zealand is going to need — adding technical and intellectual sophistication to the traditional Kiwi ingenuity.

We are trying to create a climate in which more such innovation occurs. It involves many things — technical advisory services, access to development capital, more freedom in the market, and lower taxes. But most of all it needs the talents of able people harnessed in the right directions.