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18 August 2026
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1 min
Professor Stephen Roper of the Enterprise Research Centre explores a complex link Innovation is routinely presented as the key to economic growth, but the relationship is not always straightforward. New products, services and ways of working can increase productivity, create markets and make businesses more competitive, but innovation does not automatically translate into growth. Businesses also need skills, finance, effective marketing and the confidence to invest. For micro-businesses, those supporting resources can be particularly difficult to find. Professor Stephen Roper argues that understanding this complex relationship matters. If policymakers want innovation to drive economic growth, they must look beyond technology and create the conditions that allow businesses of every size to turn good ideas into commercial success.
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