Innovative firms drive the economic growth and prosperity of the UK.
While internal factors such as good management and strong leadership may affect a company's capacity to innovate, the economic and social conditions in which companies operate can also spur or stifle innovation efforts.
In order to expand the number of home-grown innovative firms, and to attract the most innovative international firms to the UK, policymakers have understood that it is critical to get the UK's wider conditions for innovation right. Yet understanding what the optimum conditions for innovation are, and how to influence them, remains a challenge.
This report brings together a variety of indicators of how favourable the UK is as a place for firms to innovate, and compares them to a number of other innovative countries.
Published
November 2009
Author
Dr Nicholas Miles, Charu Wilkinson, Professor Dr Jakob Edler, Dr Mercedes Bleda, Paul Simmonds and John Clark.
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