The government has launched the cornerstone of its policy to encourage new, high-value, high-tech products and services across science, engineering, design and technology disciplines.
To be known as Callaghan Innovation, the institution brings together the former Crown research institute Industrial Research Ltd, the business investments team at the Ministry for Business, Innovation and Employment, the Auckland Foodbowl initiative and New Zealand Trade and Enterprise's Lean Manufacturing programme.
It will start operations with 400 staff and offices in Auckland, Wellington and Christchurch.
Its early focus will be "to refine the services and support it provides to best serve New Zealand business – driving innovation and commercialisation of products and services and economic success", Science and Innovation Minister Steven Joyce says.
"Callaghan Innovation will work across industries as diverse as food and beverage manufacturing, agri-tech, digital technologies, health technologies, therapeutics and high-value wood products.
"The common theme is encouraging innovation and higher value products and services."
Callaghan Innovation, named after inspirational New Zealand scientist Sir Paul Callaghan, has no permanent chief executive yet, with a search ongoing.
Its creation follows a prolonged period of restructuring of the government science and innovation effort which first saw two agencies folded into a Ministry of Science and Innovation, which lasted little more than a year, when it was folded into the new MBIE super ministry.
This article is tagged with the following keywords. Find out more about MyNBR Tags
Most listened to
- Tim Hunter on why Veritas is doing it the hard way
- Matthew Hooton on whether Steven Joyce will be the next national leader
- Rodney Hide on why all city planners should be fired
- Nevil Gibson discusses his latest Editor's Insight on films
- The NBR crew throw around some of the week's top stories
- Rob Hosking breaks down the political and economic week that was
- "A tragedy" - David Farrar on his disappointment with Simon Bridges
- New F&P product pipeline exciting, says Macquarie senior investment adviser Brad Gordon
- Taupo Motorsport Park executive director Tony Walker on the park's rebranding
- NZIER senior economist Christina Leung on why she does not think the OCR will hit 2%
- NBR's Cameron Officer talks about the NBR Car of the Year 2015
- John Barnett on Brewer: ‘Boy, has he got a bit to learn’