Are we getting bang for our increased R&D buck?
Industry figures say extending a temporary Covid-19 measure could help.
New Zealand businesses are spending more than ever on research and development (R&D), but the total still falls far short of the government target of 2% of GDP by 2027.
The latest Stats NZ figures show that in 2019, businesses collectively spent $2.4 billion on R&D, twice that spent in 2012. The
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