Summary
New Zealand is committing $231 million to advance technology, aiming to transform local research into commercial ventures. Roman Rohani, recently appointed Chief Executive of the New Zealand Institute for Advanced Technology, emphasizes the need to bridge the gap between scientific research and global industry. He identifies artificial intelligence, quantum technology, and advanced materials and magnetics as key focus areas where New Zealand holds a competitive edge.
Rohani acknowledges the challenges of translating research into marketable products, noting that the process can take years. He stresses the importance of a disciplined investment approach, moving away from traditional grant-based funding to a more investor-focused model. This shift aims to ensure that public funds are utilized effectively, ultimately generating economic returns for the country. Rohani's leadership comes at a crucial time as New Zealand seeks to enhance its science sector and maintain its innovative reputation.
Show Notes
NZ Institute for Advanced Technology CE Roman Reyhani on turning New Zealand research into global businesses and high-value jobs. See omnystudio.com/listener for privacy information.
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