Investing in innovation
Royal Academy of Engineering (Great Britain) (Issuing body, Publisher)
Innovation is a crucial contributor to growth and productivity. It also provides the means of developing new tools and approaches to tackle major societal challenges. The public sector has a key role to play in enticing private sector investment and encouraging innovation in priority or high-potential areas, through direct investment, smarter procurement and creating an enabling environment. This approach has been adopted by many, if not all, of our competitors. They will not stop innovating if we reduce our innovation investments. The UK has many innovation assets; the challenge for government is to ensure that there is an overarching vision and a coherent, stable and strategic policy framework that enables these to act effectively in concert over the long term
eBook, English, 2015
Royal Academy of Engineering, London, 2015