25May

Supporting Londons Innovators

New Working Paper from the GLA Economics Unit

 

The social and economic context in which firms operate can encourage or hinder innovation, which calls for policy to get the conditions right for innovators to thrive. London’s key strengths are its business environment and its ability to connect people and spread ideas and knowledge.But London struggles to a degree with a risk-averse culture, physical infrastructure deficiencies, particularly ICT and small, affordable office space, and a skills gap. For further information, see http://www.london.gov.uk/gla-economics-publications.