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Consultation

Thank you for your time and co-operation in responding to this consultation.
Important: The Welsh Government intends to publish a summary of the responses to this document. Normally, the name and address (or part of the address) of its author are published along with the response, as this gives credibility to the consultation exercise. If you do not wish to be identified as the author of your response, please state this clearly when you write or e-mail.
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Innovation, the Economy and Society

There is a growing belief that as well as being central to economic growth, innovation is the best way to find solutions to the major problems facing society. Governments are being encouraged to promote and support innovation because of this.

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Barriers to Innovation

Innovation might be considered to be a natural part of business process and there are many measures in place to support and promote innovation. However, Wales appears to lag the better performing regions of Europe on a range of indicators.

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Supporting Innovation

The Welsh Government operates a number of initiatives to support innovation. There are also UK sources of support, such as the Technology Strategy Board, and EU sources such as Structural Funds and the Framework Research Programmes (FP).

The higher and further education sectors produce skilled people and conduct R&D and knowledge transfer. In the USA, public procurement has successfully been used as a driver for exploiting innovative ideas.

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Enabling Innovation

In its widest sense, Wales’ infrastructure for delivering innovation is broad. Wales has invested or is currently investing in infrastructure to enhance broadband provision, provide specialist facilities for RD&I and high performance computing facilities etc. There is high level R&D undertaken by Welsh Universities and there are significant businesses here engaged in R&D and investing in innovation.

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