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I was recently asked in an interview what advice I would give to an incoming government on how to increase innovation in our economy. Here is what I would recommend: 1. Make it as easy as possible to start a new business. Most radical innovations come from start-ups and we need a lot more of [...]  Liquid crystals represent a state of matter which exists between solid and liquid states. They were first discovered in 1888 by Austrian botanist Friedrich Reinitzer who was studying cholesterol at the Charles University in Prague. Reinitzer described three important features of cholesteric liquid crystals; the existence of two melting points, the reflection of polarized light [...] Alistair Darling (photo by the Sun) In December the Chancellor of the Exchequer, Alistair Darling, announced that he would make cuts of £600m in funding for higher education, research and science by 2012. Shortly afterwards the Science and Technology Facilities council announced a range of cuts in experimental programmes. The number of students funded to [...] In this article in Businessweek Sami Mahroum says that ‘during economic downturns, innovation is the single most important condition for transforming the crisis into an opportunity’. He argues for active government intervention to boost innovation. ‘In the short term, governments need to provide support to small companies to help them manage the crisis and continue to [...] |
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