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.

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