Innovation is often accelerated at the intersection of sectors. But it can be riskier for companies to innovate outside their core area, discouraging R&D investment.
Opportunities for cross-fertilisation between sectors to overcome sectoral boundaries are important and can offer significant opportunities for R&D and innovation in engineering companies.
Government should consider the introduction of support mechanisms targeting the application of technologies into new sectors or markets. This could promote new R&D investment in the UK and help bring game-changing innovations to priority sectors.
The Catapults could play an even greater role in facilitating cross-sector innovation.
Explainer: Innovation across sectors (151.64 KB)