Story image

Kiwi businesses have a 'dismal record' for commercialising their innovations, says exec

13 Oct 16

Turning Innovation into Gold is a nationwide seminar series organised by national intellectual property specialists James & Wells with an aim to champion Kiwi innovation.  

For businesses wanting to protect their products and be inspired by other Kiwi business success stories, James & Wells will be hosting a series of new regional events. 

The series will see them teaming up with the Innovation Council and a number of Kiwi innovators who will share their stories on how they’ve turned innovation into sustainable commercial success.

Ceri Wells, James & Wells founding partner and seminar series panellist says New Zealand is an innovative country but we have a dismal record by OECD standards for successfully commercialising our innovations.  

“Although innovation is on the boardroom agenda like never before, there is little point if you can’t transform your inventions into sustained commercial success,” she says.

Wells explains that New Zealand business has to up its game in this area.  

“We’re far from our markets so the ideal product for us is one that can be sold, licenced and delivered electronically. The seminar series will be very relevant and hugely beneficial for kiwi businesses, especially for those with an eye on the export market,” she adds.

The series has secured 12 speakers including ARANZ Medical CEO Dr Bruce Davey, New Zealand Mānuka Group CEO Karl Gradon, Gallagher Research and Development executive Rob Heebink and StretchSense CTO and Co-Founder Todd Gisby.

With a spotlight on New Zealand’s changing innovation landscape, the panellists will share with attendees their tips for maximising innovation in today’s fragmented and challenging business world. 

Commerce Commission report shows fibre is hot on the heels of copper
The report shows that as of 30 September 2018 there were 668,850 households and businesses connected to fibre, an increase of 45% from 2017.
Dr Ryan Ko steps down as head of Cybersecurity Researchers of Waikato
Dr Ko is off to Australia to become the University of Queensland’s UQ Cyber Security chair and director.
Businesses in APAC are ahead of the global digital transformation game
“And it’s more about people and culture - about change management - along with investing in the technology.”
HubSpot announces fund for 'customer first' startups
HubSpot is pouring US$30 million (NZ$40 million) into a new fund to support startups that demonstrate ‘customer first’ approach of not only growing bigger, but growing better.
Mac malware on WatchGuard’s top ten list for first time
The report is based on data from active WatchGuard Firebox unified threat management appliances and covers the major malware campaigns.
LearnCoach closes $1.5m seed round
The tutorials are designed for students who want to learn NCEA subjects but can’t make it to a physical classroom.
Bin 'em: Those bomb threat emails are complete hoaxes
A worldwide spate of spam emails claiming there is a bomb in the recipient’s building is almost certainly a hoax.
Marriott sets up call centres to answer questions on data breach
Marriott has released an update on the breach of the Starwood guest reservation data breach which affected 500 million guests.