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The role of Innovate UK is to accelerate economic growth by stimulating and supporting business-led innovation.
A broader question is whether the mission of Innovate UK is the right one.
Will the non-loan elements of Innovate UK's budget be included?
Claire Cockerton, chief executive and director of Innovate Finance, said: "The time has come for radical transformation of the financial services industry.
"We should turn more to these historical figures today," he says, "because why not model ourselves on the very best examples we can find?" Michael J. Gelb, a corporate consultant, is co-author with Edison's great-grandniece Sarah Miller Caldicott of "Innovate Like Edison, " a 2007 book.
In addition, the proposed review of the Research Excellence Framework, the introduction of the Apprenticeship Levy and the integration of Innovate UK into Research UK, just as the Nurse Review findings are implemented, are likely to cause upheaval; some thought needs to be given to ensure that this doesn't derail the UK's global competitiveness in science and innovation.
Similar(43)
The export intensity of innovating firms is systematically higher than that of non-innovating firms.
Conversely, a responsible innovation framework opens up the possibility of looking for ways of innovating in social, economic and institutional terms together with technical ones [40].
"He was in the business of innovating".
It's a way of innovating faster, better and cheaper.
Watch: Dominique Ansel muses on the art of innovating with sugar.
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