New Zealand Business Expenditure on Research & Development
| Date: | Wednesday 12 May, 11am - 12pm |
|---|---|
| Location: | AUT City Campus WG Building, WG609 Auckland New Zealand |
| Contact: | jonathan.baker@aut.ac.nz |
New Zealand Business Expenditure on Research & Development (BERD): How is this changing and how important is government support?
Over the last 10 years New Zealand businesses have continued to invest in R&D, with BERD nearly doubling from 2012 - 2019. During this time, government support has remained reasonably stable at circa, 12% of total expenditure. However, the type and support mechanism have changed significantly over the last 24 months, and COVID has accelerated this change. Is this change good and will it help push NZ R&D expenditure to 2% of GDP over 10 years?
About Dr Tim Benbow
Tim is the lead partner of the EY Government Incentives team based in Auckland. He has more than thirteen years’ experience providing R&D tax, R&D process and government grant advice to large and small companies across numerous sectors, but with specific focus on IT, engineering, manufacturing, and agriculture. Prior to EY, Tim provided chemical analytical services to the research, oil & gas, agricultural and environmental sectors. Tim has a PhD from the University of Otago.