There was an interesting article on Stuff.co.nz last week about Crown Research Institute AgResearch having to find work overseas in order to meet the NZ Government’s demands for a 9% dividend – which has come under criticism from some.
I agree with CEO, Andrew West – business is business, and I think this highlights what, in my opinion, is one of NZ’s big problems – the inability to let ideas (and businesses) go. Jim Donovan talked about this with respect to businesses and manufacturing on his blog ‘En Avant’ last week.
The world will see increasing food shortages due to its burgeoning population, and with the growth of developing nations, that means the potential market is getting increasingly bigger. If the Chileans mentioned in the article succeed in developing a pastoral export business based on our expertise and IP, and we perhaps had a stake in that business, surely that would be more beneficial than keeping quiet and fending for our tiny selves, wouldn’t it? What’s more, competition and networks are conducive to innovation, and that is how we really want to be viewed – as an exporter of ideas. Perhaps some of my economist friends could shed some light on this…
If we are to succeed in an increasingly flat world, surely it is better to have our ideas out there being used – a small piece of a HUGE pie is a lot better than a large piece of not much. Don’t you think?