UK Innovation Report Highlights Challenges in Translating Research into Industrial Competitiveness
The UK Innovation Report 2026, published by Cambridge Industrial Innovation Policy, reveals that while the UK excels in research and innovation, it struggles to convert these strengths into industrial competitiveness. The report highlights the UK's leading position in scientific publications, patents, and start-up creation. However, this has not translated into sustained industrial growth, export performance, or productivity gains. The report identifies a 'scale-up gap' where successful start-ups and spinouts are often acquired abroad or scale overseas, resulting in a loss of economic value domestically. The findings were presented at the Institute for Government, emphasizing the need to align innovation policy with industrial competitiveness.