Innovation in the UK Retail Sector - Nesta
Innovation in the UK Retail Sector - Nesta
Innovation in the UK Retail Sector - Nesta
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<strong>Innovation</strong> <strong>in</strong> <strong>the</strong> <strong>UK</strong> <strong>Retail</strong> <strong>Sector</strong><br />
<strong>the</strong> sector was respond<strong>in</strong>g with purpose and conviction to any <strong>in</strong>tegrat<strong>in</strong>g efforts would<br />
be an important demonstration of commitment.<br />
8.11 Some of <strong>the</strong> most significant <strong>in</strong>formational <strong>in</strong>itiatives <strong>in</strong> relation to <strong>in</strong>novation are <strong>the</strong><br />
Knowledge Transfer Networks (KTNs)). The 22 <strong>UK</strong> Knowledge Transfer Networks<br />
currently <strong>in</strong> existence are <strong>the</strong> ma<strong>in</strong> plank of <strong>the</strong> Government’s <strong>in</strong>vestment <strong>in</strong> technology<br />
transfer and knowledge exchange between <strong>in</strong>dustry and <strong>the</strong> science base. The first KTNs,<br />
funded by <strong>the</strong> Government, Regional Development Agencies and <strong>the</strong> Research Councils,<br />
were established <strong>in</strong> 2005 and <strong>the</strong> number cont<strong>in</strong>ues to grow. The opportunity of creat<strong>in</strong>g<br />
a <strong>Retail</strong> KTN has been explored on a number of occasions, but has not been taken up by<br />
<strong>the</strong> sector. However, Quotec identified 14 exist<strong>in</strong>g KTNs with “skills and expertise of<br />
relevance to <strong>the</strong> retail sector” with<strong>in</strong> five specific areas:<br />
• <strong>Innovation</strong> <strong>in</strong> retail products<br />
• Technology to improve <strong>the</strong> manufacture, market<strong>in</strong>g & sale of retail products<br />
• Susta<strong>in</strong>ability, efficient use of resources and <strong>the</strong> reduction of waste;<br />
• <strong>Retail</strong> logistics, transport and security and<br />
• Health & safety (Quotec, 2007).<br />
Table 8.1 summarises <strong>the</strong> 14 KTNs and <strong>the</strong>ir particular po<strong>in</strong>ts of relevance.<br />
Table 8.1. KTN relevance to retail sector<br />
KTN<br />
Product<br />
<strong>Innovation</strong><br />
Improved<br />
manufactur<br />
<strong>in</strong>g,<br />
market<strong>in</strong>g<br />
& sales<br />
Susta<strong>in</strong>able<br />
use of<br />
resources<br />
Resource Efficiency �<br />
Logistics,<br />
transport &<br />
security<br />
Health &<br />
safety<br />
Electronic-Enabled Products � � �<br />
Bioscience for Bus<strong>in</strong>ess � � �<br />
Food Process<strong>in</strong>g � � � �<br />
Industrial Ma<strong>the</strong>matics � �<br />
Sensors � � � �<br />
Industrial Pollution<br />
Management<br />
�<br />
Grid Comput<strong>in</strong>g Now! � �<br />
Materials � � � �<br />
Location & Tim<strong>in</strong>g � �<br />
<strong>UK</strong> Displays and Light<strong>in</strong>g � � � � �<br />
Low Carbon & Fuel Cell<br />
Technologies<br />
� �<br />
Modern Built Environment � �<br />
Health Technology �<br />
Source: Knee, 2007; www.ktnetworks.co.uk<br />
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