Hon Dr MEGAN WOODS: The Bloomberg innovation survey to which the member refers is measured across seven domains out of 100, all of which are weighted equally across that. It is important to note that this is a composite survey that doesn't only take into account innovation. The seven domains are R & D intensity, manufacturing value-added, productivity, high-tech density, tertiary education, researcher concentration, and product activity. In fact, the area where New Zealand did drop the most was in the manufacturing value-added rather than the innovation measures that are captured in that survey. In fact, in some of the innovation domains that are measured in that, we actually performed ahead of every country except for three or four that are ahead of us. What the member also should note is that the New Zealand score, the raw score on the index, has been in decline from 2015 to 2018. That decline was reversed in 2018 and stabilised only in 2019. We as a Government believe that, actually, what sits behind that is our drive to lift our very low percentage of GDP that we spend, which we as a Government have seen movement of. I seek leave to table this graph, which shows the fact that New Zealand's score on the Bloomberg weighted average has been in decline for a number of years but has indeed stabilised over the years 2018 to 2019.