http://sciblogs.co.nz/a-measure-of-science/2011/05/24/lifting-new-zealands-productivity-through-rd/
NZ OpEd perspective on R&D tax credits. Summary - worries that firms will reclassify existing work as research and development to gain tax credits, rather than actually innovate - not sufficient for economic growth - author's opinion that increased government spending on R&D is compelling (based on Finland) The problem I see with the last point is that picking winners has never been a bureacrat's skillset. And judging on VC performance, perhaps not even WallStreet ... Lawrence http://nz.linkedin.com/in/drllau -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Guidelines on discussion: http://groups.google.com/group/silicon-beach-australia/msg/351e183e1303508d?hl=en%3Fhl%3Den No lurkers! It is expected that you introduce yourself. To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en