Research groups sign trans-Tasman agreement

New Zealand innovation consortium KiwiNet has announced the signing of a co-operation agreement with Australian group the Commonwealth Scientific and Industrial Research Organisation (CSIRO).

The new arrangement will see the organisations working together on finding opportunities for collaboration on tech projects as well as working industry and investor networks to create opportunities for innovators.

Nigel Johnson, KiwiNet member and director of research and innovation at the University of Canterbury, says encouraging a transparent flow of information will help uncover opportunities that are mutually beneficial for both countries.

"We know that a collective approach to scientific and technology based innovation, a global network, and easy access for funders increases the chance of success for technologies and ventures," Johnson says.

"We will all benefit from collaboration.

Project portfolio information will initially be exchanged four times a year, with internships and staff exchanges also likely.

KiwiNet has also recently signed an agreement with US research network Texas A - M University System. Check out KiwiNet's website here.