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About Ah-Ts
The document discusses New Zealand's economic development strategy and how adopting an innovation economics approach could benefit the country. It notes that New Zealand currently relies heavily on primary industries like agriculture but has fallen behind the OECD average in GDP per capita. Investing in knowledge-based sectors like science, technology and high-value manufacturing and services could generate more value per worker compared to industries like tourism and wine-making. For Christchurch specifically, the ICT sector employs over 4,500 people and generates $850 million annually, well above what is needed to maintain New Zealand's current economic position. The city has an opportunity to transition from a manufacturing to a knowledge-based economy following declines in manufacturing and the earthquakes.
Detailed Information
| Author: | ['camiayoung'] |
|---|---|
| Publication Year: | 2012 |
| Pages: | 2 |
| Language: | English |
| Format: | |
| Price: | FREE |
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