In Pictures: 10 Microsoft research projects
An early look at cutting-edge technology being developed by Microsoft
Alphabet, the parent company of Google, racked up US$3.6 billion in losses last year on investments in "big bets" such as self-driving cars and Internet balloons.
"This is another positive sign the government is committed to lifting our business performance in R&D and innovation."
"Government’s $20 million a year spending on R&D might buy Steven Joyce some good photo ops at his favourite companies. But..."
“It’s clear that businesses can see through National’s empty economics talk."
"These half-baked tax credits come with some serious small print – when the business becomes profitable it has to pay them back."
"Money spent on R&D now, when business conditions are strong, are likely to return good dividends when things do inevitably slow down.”