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SIR PAUL CALLAGHAN (1947-2012)
http://www.youtube.com/watch?v=OhCAyIllnXY
NEW ZEALAND’S ECONOMIC HISTORY
1970
1973
1976
1979
1982
1985
1988
1991
1994
1997
2000
2003
2006
2009
0
5000
10000
15000
20000
25000
30000
35000
40000Australia New Zealand Finland South Korea
Denmark
Rea
l G
DP
per
cap
ita
(US
D,
year
200
0 p
rice
s)NEW ZEALAND’S ECONOMIC HISTORY
Korea
Singapore
Japan
Australia
Switzerland
Spain
Canada
Czech Republic
Greece
Slovenia
Estonia
Portugal
Italy
Sweden
France
Denmark
0 10 20 30 40 50 60
Government revenue as a % of GDP
Americans for Tax Reform/Property Rights Alliance
International property rights index (2012)Finland 1 8.6
Sweden 2 8.5
Singapore 3 8.3
Switzerland 3 8.3
Norway 3 8.3
New Zealand 6 8.2
Luxembourg 6 8.2
Denmark 6 8.2
Legal and political rights index (2012)New Zealand 1 8.8
Finland 1 8.8
Sweden 3 8.7
Denmark 3 8.7
Norway 3 8.7
Switzerland 6 8.6
Luxembourg 6 8.6
Netherlands 8 8.5
Lack of corruption score (2012) New Zealand 1 90
Denmark 1 90
Finland 1 90
Sweden 4 88
Singapore 5 87
Switzerland 6 86
Norway 7 85
Australia 7 85
Enabling trade index (2012)Singapore 1 6.14
Hong Kong 2 5.67
Denmark 3 5.41
Sweden 4 5.39
New Zealand 5 5.34
Finland 5 5.34
Netherlands 7 5.32
Switzerland 8 5.29
Canada 8 5.22 “The New ZealandParadox”
Diversification matters
NZ DENMARK0
20
40
60
80
100
120
140
NZ$
bill
ions
, yea
r end
ed Ju
ne 2
012
Primary
Oil
Biomedical
Metal processing
Chemicals
Machinery
Apparel
Road vehicles
Furniture
Electrical equipment
Scientific equipment
Source: Statistics NZ, StatBank Denmark, DataStream, NZIER, July 2012; Courtesy of Dr Helen Anderson
Manufacturing
Primary
EXPORTS
Diversification matters
NZ DENMARK0
20
40
60
80
100
120
140
NZ$
bill
ions
, yea
r end
ed Ju
ne 2
012
Primary
Oil
Biomedical
Metal processing
Chemicals
Machinery
Apparel
Road vehicles
Furniture
Electrical equipment
Scientific equipment
Manufacturing
Primary
EXPORTS
Source: Statistics NZ, StatBank Denmark, DataStream, NZIER, July 2012; Courtesy of Dr Helen Anderson
Alan Liefting
20102010 19951995
NZ DENMARK
1980 1985 1990 1995 2000 2005 20100.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5%
of
GD
P s
pen
t o
n R
&D
DENMARK
1980 1985 1990 1995 2000 2005 20100.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5%
of
GD
P s
pen
t o
n R
&D
DENMARK
NEW ZEALAND
Primary Manufacturing Services0
100
200
300
400
500
600
Private sector Public sector
R&
D s
pen
din
g (
2010
, m
illi
on
do
llar
s) NEW ZEALAND
THE INNOVATION ECOSYSTEM
0.01 0.1 1 10 100 1000 10000 100000 1000000
0.001 0.01 0.1 1 10 100
0.001
0.01
0.1
1
10
100
1000
10000
100000
1000000
10000000
10000
100000
1000000
Density (plants per square metre)
Av
era
ge
ma
ss
(g
ram
s)
Number of companies with greater revenues
Re
ve
nu
e (
NZ
D '0
00
)
THE INNOVATION ECOSYSTEM
0.01 0.1 1 10 100 1000 10000 100000 1000000
0.001 0.01 0.1 1 10 100
0.001
0.01
0.1
1
10
100
1000
10000
100000
1000000
10000000
0.275
2.75
27.5
275
Biomass distribution
New Zealand patents
Density (plants per square metre)
Av
era
ge
ma
ss
(g
ram
s)
% of firms with more than N patents
Nu
mb
er
of
pa
ten
ts, N
THE INNOVATION ECOSYSTEM
0.01 0.1 1 10 100
0.001 0.01 0.1 1 10 100
0.001
0.01
0.1
1
10
100
1000
10000
100000
1000000
10000000
1
10
100
1000
10000
United States Australia
New Zealand Finland
Density (plants per square metre)
Av
era
ge
ma
ss
(g
ram
s)
% of firms with more than N patents
Nu
mb
er
of
pa
ten
ts, N
THE INNOVATION ECOSYSTEM
THE INNOVATION ECOSYSTEM
0.01 0.1 1 10 100
0.001 0.01 0.1 1 10 100
0.001
0.01
0.1
1
10
100
1000
10000
100000
1000000
10000000
1
10
100
1000
10000
United States Australia
New Zealand Finland
Density (plants per square metre)
Av
era
ge
ma
ss
(g
ram
s)
% of firms with more than N patents
Nu
mb
er
of
pa
ten
ts, N
THE INNOVATION ECOSYSTEM
THE INNOVATION ECOSYSTEM
Catherine Mohr
We need to build a city of four million people
We need a dating service for ideas
We need to invest in science & innovation
We need to build a city of four 5 million people
RevenueUS$100m
RevenueUS$3b
Pohuenui Island in Marlboroughmerino wool fibre
expanded polytetraflouroethylene
Auckland
A TALE OF TWO INNOVATIONS
We need to build a city of four million people
We need a dating service for ideas
We (really) need to invest in science &
innovation
We need to see ourselves as people of
knowledge