With increasing competition from emerging economies, such as India and China, the UK is being urged to address the issue of commercialising new technologies to support sustainable economic growth.

A new report co-authored by IfM lecturer Dr Tim Minshall entitled Funding Technology: Britain forty years on examines the UK 's economic weaknesses in the exploitation of new ideas. The report identifies specific structural weaknesses that hinder the UK 's ability to capitalise on turning research outputs into products and services.

The report was co-authored by David Gill, Managing Director of ETCapital Limited; Craig Pickering, ex-HM Treasury official, now an independent consultant specialising in economic and financial policies, and Martin Rigby, founder and Managing Director of ETCapital Limited.

Download the report here.