ADVANCEMENT OF NEW ZEALAND: deliver and support responsible economic development

Objectives

Collaborative Networks

Partnering with applied R&D organisations; ensuring economic outcomes for our science, and appreciation of the market demands important to New Zealand companies. Thereby delivering maximum benefit to New Zealand, its people and its economy

Implementation

  • Work with our Industry Advisory Board to identify opportunities to connect our science, innovation and people to industry
  • Establish and foster a formal network of affiliated companies
  • Foster and utilise our connections with industry, angel and venture capital communities, applied R&D organisations, Callaghan Innovation, affiliated companies, tech-transfer offices, KiwiNet, Return of Science, etc to facilitate the advancement of science-led economic growth and development of existing and emerging companies and to enable proactive effective two way engagement
  • Work with our Partners and affiliated companies to advance science-led economic growth and development of existing and emerging companies

Provide industry internships and industry tour opportunities for our PhD students in partnership with our Industry Advisory Group and affiliated companies

Outcomes (6 years)

  • Affiliated company membership has grown to eight
  • Industry sponsorship of 12 PhD student internships
  • Industry/partner secondments/exchanges formalised
  • An average of two seed investments in MacDiarmid Institute start-ups or successful PSAF applications each year
  • New commercial exploitation of one MacDiarmid Institute technology each year by our partners

Partnership network ensures a navigable homogeneous grouping of science providers are directly engaged with existing industries and supporting emerging industries

Objectives

Alumni as Leading Innovators

Producing scientists and engineers who make leading contributions to New Zealand’s prosperity

Implementation

  • Engage our PhD students and postdoctoral fellows in commercialising MacDiarmid Institute research
  • Work with MESA, our Innovation Agent and KiwiNet to deliver commercialisation workshops and opportunities that increase awareness and employability

Maintain connections with the MacDiarmid Institute alumni network

Outcomes (6 years)

  • Employable MacDiarmid Institute branded workforce created, confirmed by employment survey

Number of MacDiarmid Institute alumni employed in HVMS or supporting sectors (national and internationally) increases, with a positive net inflow to NZ due to MacDiarmid Institute activities

Objectives

Commercialise Research

Commercialising our research, as appropriate, ensuring the greatest possible benefit to New Zealand, its people and its economy

Implementation

  • Work with our community partners, including Callaghan Innovation, to exploit our intellectual property and generate new businesses
  • Foster cross-theme, cross-disciplinary and/or cross-CoRE activities that have direct economic outcomes

Support our PhD students and postdoctoral fellows to initiate their own science-based businesses

Outcomes (6 years)

  • Ten MacDiarmid Institute alumni start their own businesses
  • Research by MacDiarmid Institute members leads to spin out of five new companies

Research by MacDiarmid Institute members leads to licensing of 15 new patents

Objectives

Engendering Advancement

Sharing and realising our vision for adaptable and sustainable economic growth based on a high-technology export sector

Implementation

  • Tell our stories, ensuring that our vision forms an integral component of the national science/business/innovation agenda

Work with our Partners and affiliated companies to communicate the benefits of commercially-led and scientifically-enabled business development

Outcomes (6 years)

  • The MacDiarmid Institute is recognised as a leading contributor to national innovation strategy

Stories highlighting the benefits of science-led business development appear on the MacDiarmid Institute website quarterly with high numbers of hits from relevant stakeholders