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Innovation activity falls in UK

Business innovation fell across the four nations of the UK between 2015 and 2017, according to the latest government figures.

The results of the UK Innovation Survey, published on 26 October, show average levels of innovation activity fell to 49 per cent in 2017, down from 53 per cent in the 2015 survey.

The government defines businesses as innovation-active if they have done any of the following: introduced a new or significantly improved product or process, engaged in ongoing innovation projects, or implemented new or improved forms of organisation and business structures. This is based on the definition adopted by the European Union’s statistics agency Eurostat.

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