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Omid Aliasghar, Senior Lecturer, Management and International Business, University of Auckland, Waipapa Taumata Rau

Ignore the ‘ivory tower’ clichés – universities are the innovation partners more Kiwi businesses need

NicoElNino/Shutterstock

When it comes to turning research into real-world success, New Zealand has a problem.

Despite the country’s NZ$3.7 billion research and development spending in 2023 – a 17% jump from the previous year — too many New Zealand businesses fail to commercialise innovation.

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