Innovation policy at the Cabinet Table policy briefing
Published
July 2007
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Innovation Policy at the Cabinet Table 85KB
Description
NESTA welcomes the recent changes to how innovation policy is developed by the UK Government.
For the first time, innovation policy has a seat at the Cabinet table. This move reflects the fundamental importance of innovation in meeting the economic and social challenges of the 21st century.
The Cabinet reshuffle has also brought both strands of the dual support system for higher education funding into one department, and linked innovation policy to skills – perhaps the single most important driver of the UK's future capacity for innovation.
To take full advantage of the opportunities that these changes provide, the newly formed Department for Innovation, Universities and Skills should build on the beginnings of the broad innovation agenda laid out by the Department of Trade and Industry, and work closely with other Government departments (particularly the Department for Business, Enterprise and Regulatory Reform) to develop world-leading innovation policy.