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B Innovation�

Innovation, in its broadest sense, is about improving performance by doing something differently. Innovation is the successful exploitation of new ideas. It can result in new technologies, new products and processes, novel services and means of delivery, changes in business models, and the exploitation of new markets.


���� ������ Science and technology - the strength of the science base
���������� is a key�determinant of a country�s ability to generate new
���������� ideas.

���� �������� Technology commercialisation � innovating to translate
���������� excellence in science into commercially successful ideas.�

���� �������� Knowledge transfer � effective collaboration and information
���������� flows at all levels.

���� �������� Receptiveness to foreign ideas � alertness to the ideas of
���������� others and good access to worldwide sources of technical
���������� knowledge.


Last updated on 20 November 2003