Accordingly, if the Ministry is making technology the keystone of New Zealand’s future economic well-being, it would be well advised to become better informed about the technology transfer process, as should the universities and particularly the private sector. (Moore 1999)
In 2011, the Ministry of Science & Innovation commissioned an independent panel to advise how government could enhance uptake of R&D services, including raising the number and quality of successful commercialisation ventures from university and Crown research institute (CRI) research. Responses received from surveys conducted by the panel (Raine et al. 2011) showed widespread concerns among companies about ownership and protection of their intellectual property (IP) and the cost of generating IP through publicly funded research providers.