New Zealand investment in research and development half of other leading economies

An article from RNZ.

Reducing financial risks or upping rewards for investors and companies could make it more attractive to invest in research and development.

Spending on research and development increased 11 percent between 2020 and 2022, to a total of $5.2 billion.

This investment was led by the business sector and followed by higher education and government.

But New Zealand’s spending was still about half of other leading economies.

Read more.