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How to rev up the UK's innovation engine

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My blog for the Radix think tank:I was pleased to speak at the recent Radix Big Tent Meet the Leaders session about innovation, a topic that is close to my heart and one of great importance.Innovation is the source of all prosperity.

It is the reason countries get rich in the first place and so the more you have of it the better. We should be thinking hard and furiously about how to turn ourselves back into the country that spawned the industrial revolution.One of the key elements that is required for innovation to flourish is freedom.

By that I mean the freedom for trial and error, particularly the freedom to experiment, to be wrong, to fail, to start again.

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