Exploiting new technology: Forty years on

Abstract

Purpose

The purpose of this paper is to provide an overview of the recently published report entitled Funding Technology: Britain Forty Years On.

Design/methodology/approach

The report forms the fourth in a series that has examined the funding of innovation and entrepreneurship in differing national contexts. The first three reports covered the USA, Israel and Germany.

Findings

The report found that the UK displays economic weaknesses in the exploitation of new ideas, and discusses factors that are hindering the UK's ability to capitalise on turning research outputs into successful products and services.

Orginality/value

The report is of value in warning that Britain must make the component parts of the knowledge economy work more effectively together.

Citation

(2007), "Exploiting new technology: Forty years on", Strategic Direction, Vol. 23 No. 7, pp. 33-35. https://doi.org/10.1108/02580540710753463