The Institute of Physics (IOP) has welcomed the publication of 'Concept to Commercialisation', the Technology Strategy Board's (TSB) vision for 2011-15.
Since its inception in 2008, the TSB has made significant contribution to promoting innovation across the UK and supporting high-growth companies, including those that depend on physics and physicists.
According to Dr Robert Kirby-Harris, Chief Executive of IOP, the new strategy for 2011-15 looks set to continue the trend, particularly through the expansion of the Small Business Research Initiative, which promotes innovation in procurement, and the establishment of a network of Technology and Innovation Centres (TICs), aimed at developing centres of excellence in areas of research that offer a global market-lead.
Further, he said that the IOP will work with TSB to bring academics and businesses together - thus ensuring the application and communication of the latest physics research for society's greatest possible benefit.
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