After seven years in office and a year of consultation, today’s Statement of Science Investment (NSSI) was not worth the wait, Labour’s Science and Innovation spokesperson David Cunliffe said today.
"Even as far out as 2025, the targeted total science investment of 1.8 per cent does not even reach today's OECD average and falls well short of smart small countries who invest 3 to 4 per cent of their GDP.
Tomorrow is the Government’s last chance to avert disaster in our science and research sector with its National Statement of Science Investment (NSSI), Labour’s Science and Innovation spokesperson David Cunliffe says.
“Since Steven Joyce released the draft NSSI in May last year, he has gone on a spree of mergers and cuts that have rocked universities and research institutes to the core.
A new report released this morning confirms that the Government is underfunding research, Labour’s Science and Innovation spokesperson David Cunliffe says.
“The analysis by Motu Economic and Public Policy Research examined how public funding affects research output. It has found that New Zealand spends less on research than three-quarters of the OECD countries.
The Government’s science policy has again been slammed as inadequate and lacking any strategic direction, says Labour’s Science and Innovation spokesperson, David Cunliffe.
“University of Waikato Professor of Agribusiness Jacqueline Rowarth has today criticised Steven Joyce as Minister, highlighting the frustration with the government’s short-term approach to an essential public good.
The $260 million Venture Investment Fund is failing New Zealand’s start-ups and needs to be reviewed so that it meets the needs of growing businesses, Labour’s Innovation and Science spokesperson David Cunliffe says.
“The Government’s plan to roll over VIF funding but transfer $12 million from the Seed Capital Investment Fund is recognition this funding isn’t working for start-ups.