ARTICLE · 18 JANUARY 2012

Innovation And Research Strategy For Growth: A Summary (December 2011)

Thomas Eggar

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The strategy launched by business secretary Vince Cable and Minister for Universities and Science David Willetts sets out the Government's plans to boost economic growth by investing in innovation and research across the UK.

United KingdomGovernment, Public Sector

The strategy launched by business secretary Vince Cable and Minister for Universities and Science David Willetts sets out the Government's plans to boost economic growth by investing in innovation and research across the UK.

The following are summaries of the key actions announced.

Catapult Centres

Technology and Innovation Centres have been rebranded as "Catapult Centres".

The Centres will aim to transform innovative ideas and technology into valuable products, processes and systems. Their primary role will be to encourage collaboration between research and business and facilitate open innovation. It is also hoped that the centres will allow businesses to access new funding streams and attract inward investment through promoting UK capabilities.

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