i-works

i-works How high value innovation networks can boost UK productivity

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By: Dr Luke Pittaway, Dr Maxine Robertson, Dr David Denyer, Dr Kamal Munir, Professor Andy Neely

Improving the competitiveness of the UK economy is a national priority. Recent studies – the Porter Report and the Department of Trade and Industry
(DTI) Innovation Review show that the UK lags behind its major competitors in terms of productivity. There is a growing consensus that closing the productivity gap relies on transforming the UK from a low cost to a high value economy. Innovation – the successful exploitation of new ideas – is a prerequisite for a high value economy. Despite an impressive science base, the UK lags behind other developed economies in converting new ideas into commercial applications. Both the Porter Report and the DTI Innovation Review identified networks as vital to the creation, dissemination and exploitation of ideas. Read more

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