Crown Research Institutes (CRIs) were formed in 1992 from existing government-owned research organisations. Their role is to research and develop new science, knowledge, products and services across the economic, environmental, social and cultural spectrum for the benefit of New Zealand. The total gross expenditure on research and development (R&D) as a proportion of GDP rose to 1.37% in 2018, up from 1.23% in 2015. New Zealand ranks 21st in the OECD for its gross R&D spending as a percentage of GDP. New Zealand was ranked 26th in the Global Innovation Index in 2020, down from 25th in 2019.