Strike! Innovation is on strike!

Strike! Innovation is on strike!

According to Nesta's latest report, the UK is in the midst of an "Innovation Strike," with declining investment and a lack of confidence in the idea of innovation being a solution to economic growth and societal issues. Investment in innovation by British businesses has fallen by £24bn since the recession, and is five times the amount the government spends on science and technology research annually. The report offers suggestions for boosting the UK's innovation capacity through increasing investment, upgrading the innovation system, and changing underlying cultures and skill sets to be more innovation-friendly. The report stresses the need for action and public advocacy for innovation to be widely supported.

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More Innovation Resources:

A simple tool for creating out of the box ideas* Dr Ken Hudson

The 'mindset box' tool can help generate out-of-the-box ideas. It consists of making explicit the assumptions, conventions, expectations, and experiences of a group, which can then be challenged and overturned to develop breakthrough ideas.

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Insights from the 100+ business ideas we killed last year

Invalidating business ideas is crucial for success. Three techniques for finding weak spots are search intent, minimum viable effort, and avoiding niches that are too niche.

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Double Diamond Model: The new framework for innovation

Learn about the new innovation framework, the Double Diamond Model, which is becoming popular in the business world. It consists of four stages: Discovery, Definition, Development, and Delivery.

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