INNOVATION CONSULTANTS FOR
PRIMARY INDUSTRY, FOOD AND BIOLOGICAL
BUSINESSES
Home   
Our People   
Services   
Innovation Tools & Downloads   
NZ Investment Agencies   
Client Comments   
Case Studies   
Newsletters   


Terms of Engagement
We offer a complimentary
2 hour consultation to
evaluate how we can help you.

R&D News & Views - June 2005

Welcome to our new monthly "R&D News & Views" in which we will keep you updated with news about business, science and technology.

The four items for this month are:

  1. Catalyst turns Five
  2. Kyoto & Carbon Credits made easy
  3. The 2005 Budget - the bits that may be useful ahead of your tax cut!
  4. "Only the Paranoid survive"

1. Catalyst R&D Fifth Birthday

With much pleasure we announce our fifth year of being in business, a small but significant milestone. And what have we learnt in this time? The main things that strike us are:

  • Effective innovation and its implementation in New Zealand business is hard yards. Ideas are cheap but doing something with them takes vision, focus, the right people, a very good understanding of the market and a readiness to take risks.
  • It takes time; time to plan, time to get the right people, time for a season to pass to get results, time to build capability. It strikes us that there are very few short cuts.

What of the future? This is best summarized in one word 'focus'. From the businesses that we have worked with the clear achievers are those with the ability to focus on the few things that really matter to their business. They have a very good understanding of their market, and based on this are able to focus on those parts of the business where innovation can really make a difference.

To those of you who have been our clients over the last five years a very big "Thank you". It has been a pleasure to work with you.

2. Kyoto & Carbon Credits Made Easy

It is apparent that many people are confused by the impending imposition of a carbon tax and frustrated in their inability to receive appropriate advice for their business. To help address this in some small way we are planning to hold a half day workshop in August this year to enable participants to work through the implications for their business. The location will be Wellington because it is central.

We anticipate providing participants with:

  • An overview focused on business implications
  • A simple system of calculating their own exposure/risk
  • Options for addressing your business risk
  • >A case study

Justin Ford-Robertson, our in-house expert on such matters will facilitate the workshop.

To assist us in gauging support for such a workshop we would appreciate feedback or comment. This could either be on the merit of the idea, or specific items you believe should be covered. Please email Malcolm, Justin or Jane.

justin.fr@catalystnz.co.nz

malcolm.garnham@catalystnz.co.nz

jane.lancaster@catalystnz.co.nz

3. The 2005 Budget - the bits that may be useful ahead of your tax cut!

Hidden in the budget confusion are a few positives; those relating to R&D are:/P>

  1. It is welcome news that Technology New Zealand has an allocation of $54.4m, a gain of $13.8m, and a range of expanded schemes including the Technology for Industry Fellowships and Technology for Business Growth. Other direct support for industry was less. Research for Industry sees a continuing increase, up $10.7m to $188.0m, which includes further support for industry-based research consortia.
  2. The International Opportunities Fund grows to $7.7m, tripling its size from $2.56m. This will encourage further international collaboration by N.Z. researchers.
  3. Supporting Promising Individuals increases by $2.9m to $17m, with increased support for a range of schemes including Teacher Fellowships, NZ S&T Post-Doctoral Fellowships, and HRC Career Development Awards.
  4. The Minister for R,S & T, Steve Maharey, expressed his strong belief in the value of the Marsden Fund, (this fund is focused on academic or "blue sky" research in a range of fields) and this year's increase of $3.44m increases the Fund to $33.9m.
  5. The CRI Capability Fund increases $9.3m to $38.1m. This Fund has the clear purpose of supporting CRIs to maintain and increase their research capabilities. Rightly or wrongly this is effectively bulk funding, and marks a move away from the 100% contestable funding approach of the last decade

What is missing from this budget - the funds for social research and research into Maori knowledge and development remain constant in dollar terms, i.e. declining in real terms.

4. "Only the paranoid survive"

This quote concluded "Innovation and Management", the third lecture in the Reith Lectures 2005 "The Triumph of Technology". The comment is a reflection on the required level of international competitiveness for businesses of the future.

The 2005 Reith Lectures were presented by Lord Broers. Alec Broers is President of the Royal Academy of Engineering and Chairman of the House of Lords Science and Technology Committee. He was also Vice-Chancellor of Cambridge University from 1996 until 2003. He was a pioneer of nanotechnology and the first person to use the scanning electron microscope for the fabrication of micro-miniature structures.

His lecture provides a knowledgeable insight into what has worked in innovation, and management and what is likely to be successful in the future. While it is focused on engineering and computing technologies, his advice applies across other fields.

  • The outline of the ideal team for the creation of technology:
    "In a small company, the ideal leadership team consists of a chief executive who has extensive experience of the market and good business sense, the creative engineer who stands at the chief executive's right hand and provides knowledge and contacts that spread throughout the entire technical spectrum, and the chief financial officer who acts as the disciplinarian"
  • On the transfer of technology from academia to business
    "In small and medium sized companies, where the resources are not great enough to fund large-scale research in universities, technology is best transferred by the academics moving out of their universities and devoting their full energies to the product development process."
  • On ideas "Ideas have to be proven to be useful, and the world told about them, before any paths are beaten"

The full lecture and others in the series can be found at http://www.bbc.co.uk/radio4/reith2005/

 
Catalyst TM is a trademark of Catalyst R&D Limited