273. New Zealand is pleased to be a co-sponsor of the Intellectual Property and Innovation 2019 Paper.
274. New Zealand recognizes the importance of maintaining collaborative synergies between the public and private sectors in order to promote innovation and creativity for the benefit of society.
275. To this end, the New Zealand Government has committed to raising New Zealand's research and development expenditure to 2% of our GDP over the span of ten years.
276. New Zealand has two devoted government agencies committed to improving innovation and to supporting private sector businesses in establishing and maintaining sustainable growth.
277. The first of these agencies is Callaghan Innovation. Callaghan Innovation has a domestic focus and offers a range of services and tailored programmes to businesses, including:
a. Access to experts;
b. Technology and product development;
c. Innovation skills;
d. Business collaborations; and
e. Research and development grants.
278. Furthermore, New Zealand Trade and Enterprise is an international business development agency whose purpose is to help New Zealand businesses to grow internationally. It offers a range of services and tailored programmes to assist businesses to export and expand into new markets. It also promotes New Zealand to foreign businesses and investors, as well as helping businesses and investors to make international connections and mutually collaborate across international borders.
279. We look forward to hearing other Members' experiences on public-private collaborations in innovation.