Innovation matters
In May, Technology Strategy Board Chief Executive Iain Gray spoke as a guest at the Royal Society’s Science and Innovation Summit. At the event, attended by newly installed Science and Innovation Minister David Willetts, Iain argued that innovation is at the heart of economic growth, and is both a short-term and a long-term strategic investment.
He highlighted the real impact that such investment is already having on UK plc - for example in the automotive sector, where the climate of innovation stimulated by our low carbon vehicles programme helped to encourage Nissan’s decision to build the Leaf electric car in Sunderland.
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