Press release

Statement on ‘Success as a Knowledge Economy’ White Paper

Innovate UK, the UK's innovation agency, has responded to the Government's White Paper ‘Success as a Knowledge Economy’

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The Government has published a White Paper which includes proposals on the future of Innovate UK. ‘Success as a Knowledge Economy’ outlines how Government intends to take forward the implementation of the recommendations of Sir Paul Nurse’s Review.

Innovate UK will be working with Government and will continue to work closely with the Research Councils as the proposals develop. We will continue to support business-led innovation that creates economic growth and improves productivity while ensuring the successful and effective delivery of reform plans.

Chief Executive of Innovate UK, Ruth McKernan said:

Innovation transforms great ideas from our world-class research base into new products and services that will address global challenges and build the UK’s future prosperity. The establishment of UK Research and Innovation, including the research councils and Innovate UK, recognises the vital role innovation plays and further strengthens the UK’s ability to turn scientific excellence into economic impact.

Published 16 May 2016