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The Big Innovation Centre is a unique initiative with a bold ambition: to make the UK a global open innovation hub. This comes as part of the urgent task of rebalancing and growing the UK economy, and we aim to capitalise on the enormous current and future waves of technological and scientific opportunity.
Our work is anchored in three action groups, each cross-cutting theme encapsulating one of the key carriers for growth:
These technologies are today’s equivalents of the steam engine, electricity or the internet – the so called ‘general purpose technologies’ (GPTs) that change the world and drive growth. Our cutting-edge research agenda addresses the most pressing issues facing the UK economy today, and is oriented around six core work streams.
Big data
Find out more about our most active Action Group, which gives corporates a platform to share best practice in relation to Big Data and provides Government with recommendations on how to harness data's potential.
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Business model innovation
Take a look at the research we do around business model innovation, an often neglected topic which turns out to be just as important as technological and product innovation.
Barriers to accessing debt finance for SMEs
Does the way SMEs are evaluated by financial lenders impose barriers to potentially high-growth firms? Look at the work we currently do around this topic.
Developing new banking business models
Take a look at the work we do around banking business models, where we advocate a change in both the nature and culture of banks as to avoid past mistakes from repeating themselves.