New Zealand firms would be more successful with more research and development, says CRAG.
CRAG (Capitalising on Research & Development Action Group) is a business and government team working on achieving more commercialisation of research.

The CRAG guide to better commercialisation (Idea to Impact)puts R&D into plain language and provides information resources to help firms realise their plans for innovation. It contains the success stories of eleven New Zealand companies that have gained market share with innovative products and services.

CRAG Chairman, Business NZ's Phil O'Reilly, says they are all typical New Zealand firms. Some started out as backyard operations but all have grown because they utilised their clever ideas and brought them to market.

Read the full report here