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Essay on The Lord Of The Rings
The Lord of the Rings movies are a perfect example of how innovation, technology and creativity boost New Zealand's economy, Economic Development Minister Jim Anderton says. The Lord of the Rings launched new technologies and practices on an unprecedented scale. It has also significantly increased tourism," Anderton told the Economic Development Association conference in Wellington yesterday.
The trilogy received an effective $400 million taxpayer subsidy because of a tax loophole. The Government had targeted three industries as top priorities to drive innovation and provide a competitive advantage internationally. Information communication and technology, biotechnology and the creative industries could provide exports in their own right but also helped push other industries "up the value chain", Anderton said.
New Zealand was not big enough to grow or produce enough commodities to raise living standards.( Agnew Margaret) "What other countries can achieve economically by their scale, concentration and proximity to markets, New Zealand needs to achieve using innovation and creativity," Anderton said. "If we can harness creative talent in a way that produces better design, then we are some of the way towards selling more high value products to the world. "The time couldn't be better to build on our creativity and use our links with the rest of the world to build on our innovative business ideas."( Agnew Margaret)
New Zealand is ringing up the dollars on the back of a booming "Frodo economy", with a tourism and movie-making upsurge fuelled by the runaway success of "The Lord of the Rings" films. As Hollywood's great and glamorous descend on Wellington for Monday's world premiere of "The Return of the King", Peter Jackson's third and final movie based on the J.R.R. Tolkien trilogy, the small South Pacific nation is basking in the glow of unprecedented international attention. With its portrayal of Middle-earth worthy of an Oscar for best supporting role, the....
