Research and analysis

Innovation and economic growth: Government Economic Service report

Government Economic Service cross-government project examining the importance of innovation to economic growth.


Government Economic Service Group on Growth: Innovation


This report, from the Government Economic Service Group on Growth, covers a range of different aspects of innovation. It found common themes on:

  • the link between the research base and firms’ potential
  • the UK leading thinking, but has often lagged in application
  • an innovation system of interacting components
  • how government can (and should) help structure markets
  • evidence gaps and a lack of metrics
  • the importance of policy experimentation
Published 5 November 2014