Public sector support for innovation makes a difference

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For UK manufacturers, innovation is vital for growth; it enables companies to stand out in an increasingly competitive global marketplace.

But innovation is challenging and subject to market failure. There are multiple barriers to innovation, which government support can help companies overcome.

Government support can make a difference to manufacturers' ability to innovate successfully.

Last week, BIS published a paper estimating the effect of UK direct public support for innovation.This blog looks at the key findings.


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