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.