Business secretary Lord Mandelson has announced that the government will back the development of technology and innovation centres to help drive jobs for the future.
Mandelson made the comments after a presentation given by Hermann Hauser, a technology pundit commissioned to review how the UK could build better innovation networks.
Mandelson said that the UK is already a stout technology contender, but that the country needs to exploit technology with a stronger commercial stance.
"Too often in this country we have been brilliant at research and let others walk away with the commercial benefits of development. If we are to develop new industrial capabilities in Britain, we have to get more D out of our R&D," he said.
"Centres can play a vital role in bridging the gap between research and the market, strengthening our national capabilities in innovation."
Mandleson is now asking for support from the Technology Strategy Board, along with research councils, regional development agencies and devolved administrations, to implement a more cohesive strategy defined in Hauser's recommendations.
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