Stable funding
Changes to negotiated investments 2008
The government has agreed to changes improving the rules and guidelines for negotiated investment in Vote Research, Science and Technology (RS&T). This will ensure Vote RS&T investments effectively contribute to the delivery of the government’s goals for transforming New Zealand’s economy and society.
The level of negotiation in the Environmental Research and Research for Industry output expenses of Vote RS&T has been increased from 30% to 40% of available funds.
Current rules that govern eligibility for negotiation have been adjusted to increase the flexibility of negotiated investments. This allows a more collaborative and coordinated approach to negotiated investments.
NB. Implementation details for these changes are subject to consultation with the sector. The Foundation for Research, Science and Technology will be releasing a consultation paper in early April. Further details will be available then.
Links
Government Decisions 2006
In April 2006 the Government considered options for increasing the stability of investment through Vote Research, Science & Technology (RS&T).
Response from the sector
Consultants' Reports
In 2005 gave three external consultants material including the background paper on 'A Stable Funding Environment' and asked for advice to inform policy development on the stable funding environment theme. The authors were asked to give independent and impartial views of the problem. They proposed policy objectives and to consider and propose solutions.