We all know that investment in innovation could massively boost jobs in the UK and drive sustainable growth. We know that to be successful in the 21st century, the UK will have to take the lead in new waves of technology – particularly in areas such as the low-carbon economy, renewable energy, life sciences and health economics – just as it was for the technological revolutions of the 19th century in manufacturing, railways and electricity.
We know that, unleashed, business innovation can spur real growth through remaking industries, markets and business models, and kick-start productivity.