Innovation and infrastructure still holding back NZ's international competitiveness

Innovation and infrastructure still holding back NZ's international competitiveness
Pattrick Smellie
By Pattrick Smellie Sept. 29 (BusinessDesk) - New Zealand's national infrastructure and capacity to innovate stand out as two factors that continue to drag on the country's international competitiveness, even as it rose three places in the ranks from last year and 10 places better than in 2012/13, as judged in an annual survey by the World Economic Forum. From 16th place in the 2015/16 Global Competitiveness Report, New Zealand rose to 13th, nine places ahead of Australia at 22nd, and 15 places ahead of the country's other major trading p...