> Most of the rest of New Zealand’s productivity gap…appears to come from an underinvestment in knowledge-based capital.

I'm from the 'West Island' (Australia) but the culture is very similar. Money is made from physical things, technology is a semi necessary, semi dubious expense that should only exist as part of 'doing real things'. This is one reason a lot of Australians and Kiwis who have an interest in technology leave.