We need a strategy to attack the recession, not just to respond to it. Innovation – in business, communities and public services – needs to be at the heart of that attack. The UK should aim to emerge as a more innovative, greener, more sustainable and diversified economy.
The UK will need new growth sectors to make up for the dynamism that has been lost from financial services.
The development of those growth sectors will require a mix of intelligent public investment, partnership with business and entrepreneurship.
Decisive government leadership and public investment will be critical to innovation in many fields, from scientific research to cultural funding.
Published
December 2008
Author
Charles Leadbeater and James Meadway
With Mike Harris, Theresa Crowley, Sami Mahroum and Brune Poirson
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