This lack of investment options is partly due to the average New Zealander's model of successful innovation. Most of the big successful New Zealand innovation stories we see in the media are about people who sold their innovation to an overseas – typically American – company. The New Zealand model of successful innovation is narrowly about creation, perhaps setting up and then selling a start-up. If more investment was directed at commercialisation of local innovations they could be used to create and grow local industries. Photo / Daily PostLearn from the Māori perspectiveWe need not look far to find an alternative model of successful innovation.

Source: New Zealand Herald November 21, 2020 01:52 UTC