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Written by Business Best Practice
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Friday, 30 November 2007 |
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Page 1 of 3 Business Technology and Best Practice Hubs
SUMMARY- OUTLINE OFFER OF BUSINESS SUPPORT
Business Collaboration - Business Technology and Best Practice Hubs
….helping businesses work together to commercially exploit new knowledge…
Introduction
Government recognises that businesses typically do not know how to access and utilise knowledge or technological developments in order to exploit them for commercial purposes. This can be due to a lack of time as well as awareness issues. The fundamental uncertainty, costs and long-term returns associated with business technology and best practice hubs means there is limited investor interest. Also, research has shown the inability of the knowledge base successfully to exploit technologies commercially. Support is required to incentivise private sector investment, to facilitate the commercialisation of technology and the spread of best practice, and to widen accessibility to the commercial benefits of knowledge.
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Last Updated ( Friday, 30 November 2007 )
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