The issue of who benefits from innovation is a complex one. The answer is notalways the innovator. It may be other firms that are needed to get an innovationto market (complementary assets), or even those who produce imitations andadapted versions of the original innovation.For the innovator the...

Improving the competitiveness of the UK economyis a national priority. Recent studies – the PorterReport1 and the Department of Trade and Industry(DTI) Innovation Review2 show that the UKlags behind its major competitors in terms ofproductivity. There is a growing consensus thatclosing the...