Murray Bain

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Murray Bain

  1. 1. Murray Bain Chief ExecutiveMinistry of Science and Innovation
  2. 2. A city of ideasMurray BainChief ExecutiveMinistry of Science and Innovation
  3. 3. A tale of two countries A Tale of Four Countries: Comparisons of GDP per Capita 40,000 Denmark New Zealand 35,000 30,000 25,000 GDP per Capita 20,000 15,000 10,000 5,000 0 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009Source: OECD.Stat B1_GE Gross domestic product (expenditure approach) HCPC Per head, US $, current $US, current prices, current PPPs. Source: OECD.
  4. 4. New Zealand vs Denmark Exports as a percentage of GDPDenmark 1989 New Zealand 1989 Other 1% Tech 11% Tech Other 11% 1% Ag 8% Ag 10% 9% Non exports -Non-exports 82% 68%Denmark 2008 New Zealand 2008 Tech 3 % Tech Other 3% 21% 9%Other Ag Ag23% 13% 10% Non exports - Non exports - 75% 46%
  5. 5. Bridging the gap Creators of ideas • Backyard inventors • Research organisations – Universities – CRIs Exploiters of ideas • Smart investors – Angel investors – Venture capital • Smart businesses
  6. 6. Research and innovation“Research is the conversion of money into knowledge and competence. Innovation is the conversion of knowledge and competence into money.” - Per Eriksson, VINNOVA, Sweden
  7. 7. Scale Building the city of ideas125 larger • Networks&D-intensive exporters • Translators NZTE • Visibilityh Development Grants

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