Does NZ finally a have sophisticated entrepreneurial culture

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Company founders’ willingness to sell to a new owner or welcome new shareholders has been vital to New Zealand businesses that have created around $34 billion of value in the last 15 years, says a new report from Callaghan Innovation.

Drawing on public records of market capitalisation, capital-raising and takeovers involving high-growth New Zealand companies, the “Growing the Pie” report challenges perceptions that foreign ownership has been bad for New Zealand-founded companies and suggests the country is finally developing a more sophisticated entrepreneurial culture.

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