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4 Dec 2023 12:38
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  •   Home > News > Business

    New Zealand has a productivity problem

    New Zealand has a productivity problem

    This from an economist -- urging the Government to invest more money into research and development in today's Budget.

    Otago University's Murat Ungor says New Zealand is not a competitive name on the market for innovation.

    He says when people think of California they think of Silicon Valley - home of tech companies worth billions - like Google.

    He says our only major international brands are dairy products, and we cannot get richer simply by exporting milk powder.

    The Government's so far earmarked an extra 20-million dollars over four years into supporting digital technologies this Budget.

    © 2023 Newstalk ZB, NZCity

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