Innovation
Innovation is the successful development and introduction of new ideas.
The Technology Strategy Board| is an executive Non Departmental Public Body sponsored by the Department for Business Innovation and Skills. It is a business-led body that plays a cross-government leadership role in delivering a national technology strategy and advising on policies which relate to technology innovation and knowledge transfer. It is the prime channel for delivering government support for business-led technology innovation and operates across all important sectors of the UK economy to stimulate innovation in those areas which offer the greatest scope for boosting UK growth and productivity.
Support for innovation| Investing in innovation, research and development is important for economic growth. Businesses that do so often emerge stronger and more competitive than they were before. The Solutions for Business portfolio includes support to help businesses continue to invest in innovation.
The Regional Innovation Strategy| sets out how we will use the knowledge, skills and creativity of organisations and individuals to build an innovation led economy. In order to deliver the Regional Innovation Strategy (RIS), four business-led innovation Networks (iNets) focused on regional industry and research strengths across four priority sectors have been developed. The sectors are:
- Healthcare and bio sciences,
- Food and Drink,
- Sustainable Construction and
- Transport Equipment
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