Cambridge 探花直播鈥檚 Centre for Business Research at Judge Business School and Imperial College鈥檚 Business School are setting up a new collaborative venture 鈥 the UK Innovation Research Centre (UK IRC).
Cambridge 探花直播鈥檚 Centre for Business Research at Judge Business School and Imperial College鈥檚 Business School are setting up a new collaborative venture 鈥 the UK Innovation Research Centre (UK IRC).
Over the next five years the Centre will lead research into how innovation can make businesses more competitive, improve public services delivery and help the UK meet the social, environmental and economic challenges it faces.
探花直播Centre is being set up in response to the Government鈥檚 鈥業nnovation Nation鈥 White Paper (March 2008). Professor Alan Hughes, director of the UK Innovation Research Centre and director of the Centre for Business Research at the Judge Business School, explains the context for the initiative:
鈥淚nnovation is much more broadly defined than it used to be. It鈥檚 not just about successfully introducing new products; innovation in services, processes, even in business models and ways of working is increasingly important.鈥
鈥淲e need new research so that both practitioners and policymakers can understand the key issues in all these forms of innovation 鈥 particularly when current global economic conditions make it more important than ever to ensure that the UK鈥檚 innovative capacity is enhanced.鈥
探花直播new Centre builds on the extensive expertise in the two partner organisations and brings together a critical mass of leading scholars in the field. In addition to their research, members of both institutions are involved in developing business practice and policy advice in the fields of innovation and knowledge exchange at national and international levels 鈥 for example, contributing to the UK Innovation and Productivity Grand Challenge and the recent Australian National Innovation Review.
In addition to building research capabilities, the UK Innovation Research Centre will also actively disseminate its work through a 鈥楰nowledge Exchange Hub鈥.
Michael Kitson, Hub Director and 探花直播 senior lecturer in international macroeconomics at Judge Business School, says: 鈥淲e want to ensure that our research agenda can effectively respond to the needs of the business and policy communities, and we will develop knowledge exchange activities ranging from seminars to innovation podcasts to ensure our research has a significant impact on both policy and practice.鈥
Over the next five years the centre will receive 拢2.8 million to carry out the highest quality research and will be jointly funded by four partners: the Department of Innovation, Universities and Skills, the Economic and Social Research Council; the National Endowment for Science, Technology and the Arts; and the Technology Strategy Board.
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