1. Murray Bain
Chief Executive
Ministry of Science and Innovation

2. A city of ideas
Murray Bain
Chief Executive
Ministry of Science and Innovation

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
2009
Source: OECD.Stat B1_GE Gross domestic product (expenditure approach) HCPC Per head, US $, current
$US, current prices, current PPPs. Source: OECD.

4. New Zealand vs Denmark
Exports as a percentage of GDP
Denmark 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
Ag
23% 13%
10%
Non exports
-
Non exports
- 75%
46%

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. 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. Scale
Building the city of ideas
125 larger
• Networks
&D-intensive
exporters
• Translators
NZTE
• Visibility
h Development Grants