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The Innovation Gap: Why policy needs to reflect the reality of innovation in the UK


Published
October 2006 

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The Innovation Gap: Why policy needs to reflect the reality of innovation in the UK 87KB


Description

Innovation is vital to the future economic prosperity and social well-being of mature economies such as the United Kingdom.

As the UK becomes more reliant on services, confronts national challenges such as an aging population and environmental sustainability, and as international information flows progressively make knowledge a commodity, we must develop a tailor-made national innovation policy.

The Innovation Gap

We need to focus on embedding a culture of innovation as well as the creation of specific innovations.

We need a broad-based innovation policy that reaches beyond science and technology to embrace the 'hidden innovation' that occurs in all sectors of our economy and society.

Finally and most importantly, we need to invest in the intermediate skills that will allow us to effectively absorb and use the knowledge that we create, and that is increasingly created elsewhere.


 

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