Boost for Research, Science and Technology Welcome

Boost for Research, Science and Technology Welcomed

The University of Auckland and its commercial arm Auckland UniServices Ltd have welcomed the Government’s commitment to research, science and technology revealed by Prime Minister John Key today.

University Vice-Chancellor, Professor Stuart McCutcheon, said: “The increased investment set out in Mr Key’s pre-Budget announcement shows that the Government recognises the importance of RS&T to the economy and the future of New Zealand.”

He said the University especially applauded the new Rutherford Discovery Fellowships, each worth up to $200,000, to support early career scientists. “The Fellowships will allow young scientists who might otherwise be lost to this country to explore areas that excite them and to establish their career in New Zealand.

“It is critical to keep supporting the country’s scientists and attracting them back home. While the Government has a clear focus on the business end of research activity, it is fundamental research that delivers the great discoveries and the real return on research investment.”

The University was, however, acutely aware of the importance of the research-business interface, said Professor McCutcheon. “Auckland UniServices Ltd, the largest research and development company of its kind in Australasia, has a proven track record in working with companies to identify their needs and provide contract research.”

UniServices CEO Dr Peter Lee says New Zealand companies and universities stand to gain a lot from closer relationships which enable creative links between research and business needs.

“We have seen game-changing new products and services emerge from this type of innovation and look forward to being a part of the Government’s initiative to increase this activity. The proposed national network of commercialisation centres will create valuable linkages across the board.”

ENDS

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