Public procurement as a spur to innovation

Philip Ternouth, our Associate Director responsible for Research & Development, is coordinating the lessons learned from the US experience of the SBIR/STTR schemes and for (D)ARPA to help guide UK policy initiatives.

The following is an extract from our latest summary on this project.

The success of economic communities in the global economy depends upon the ability of companies to innovate in products and services. Universities may make a contribution to companies' success in innovation; however we believe that there are constraints in small companies' ability and propensity to engage seriously in both indigenous R&D and innovation and in engaging with universities in support of innovation activities...

The summary can be downloaded in full on the right.

The report is in Adobe PDF format and will require the use of the Adobe Reader software for viewing and printing. A free download copy of the software is available from the Adobe Reader web site.