Innovation Gap policy briefing

This briefing examines why policy needs to reflect the reality of innovation in the UK.

This briefing examines why policy needs to reflect the reality of innovation in the UK.

Key findings:

  • Traditional innovation metrics are outdated and largely irrelevant to the UK.
  • Recognising and stimulating ‘hidden innovation’ is vital to the UK’s future prosperity.
  • The UK’s innovation policy needs to be broad-based, with a broad view of where innovation comes from and where it applies.
  • The UK is well-placed to be a leader of an international shift in innovation policy.

We need an innovation policy that reaches beyond science and technology to embrace the 'hidden innovation' that occurs in all sectors of our economy and society.

 

Innovation is vital to the future economic prosperity and social well-being of mature economies such as the United Kingdom.

 

We need to invest in the intermediate skills that will allow us to effectively absorb and use the knowledge that we create, and that is increasingly created elsewhere.

 

Author:
Nesta