Print this page

CIO upfront: New Zealand – a technology startup's dream?

  • font size decrease font size decrease font size increase font size increase font size

Jan 22, 2018  -  As liberal adopters of new technology, New Zealand is a great spot to trial new products and bring emerging technologies to market, but there are opportunities to do more, write Liz Blythe of Russell McVeagh and Timothy Wixon of BNZ for CIO New Zealand.

As New Zealand's third biggest export sector, technology is the fastest growing sector of our economy, contributing $16.2 billion to national GDP annually and employing 98,900 workers across 28,749 firms.

In an economy historically dominated by its service, manufacturing and primary industry sectors, the technology industry presents a strong and exciting opportunity for New Zealand’s future economic growth and presence on the international stage. There have been a number of inspiring New Zealand examples already.

So, what makes New Zealand such an attractive option for technology businesses?

1. Ease of doing business

New Zealand is one of the most deregulated, and least corrupt, economies in the world with a rich history of export and strong trade relationships with Asia, the Pacific, the Americas and the European Union. Setting up a company in New Zealand is relatively quick and inexpensive. Our IP laws are also more startup friendly than those of many other jurisdictions.

2. Location, location, location

Continue here to read the full article

Source:  CIO  || January 22, 2018   |||