Submission on MBIE’s consultation paper: New Zealand’s Research, Science & Innovation Strategy, September 2019

Introduction

New Zealanders for Health Research (NZHR) was established in November 2015 to bring about increased investment in health research from government, industry and philanthropy.

NZHR’s submission is that
• The government’s aspirational ten year 2% R&D investment target is too low, that the 15% R&D tax incentive is insufficient, and that the strategy should provide for both figures to be reviewed

• R&D investment allocated to health research needs at the very least to be associated with a commitment to triennially determined annual increases consistent with the overall 2% target (the 2019/20 budget specifically forecasts no increases for the next four years)

• The RSI strategy should include an intention to ensure that all government R&D funding tools are consistent in their approach to supporting the implementation of new start-up enterprises

Click here to read the full submission