UK innovation is recession-proof?
The UK Telegraph today covers a report that offers advice for companies seeking to "secure a competitive edge," and reports that UK companies "focused on innovation despite the recession."
Among the advice offered:
- preserve innovation budgets
- explore partnerships
- target emerging markets as locations for low-cost R&D;
- focus on process innovation for greater cost-efficiency;
- and continuously evaluate innovation projects.
The study was conducted by UK Trade & Investment.