Lack of finance crippling UK innovation

Lack of finance crippling UK innovation

Research commissioned by new product development contractor, Pera Technology, shows that a massive 91% of SMEs are failing to innovate via new product development (NPD) or commercial research, which potentially has severe implications for the UK's economic recovery and competitiveness.
The research reveals that only 8% of SMEs and only 2% of manufacturing and technology SMEs, are doing any product development or research... [Read More]