According to a survey by
Knowledge Transfer Partnerships(KTP),
manufacturers believe that innovation is even more significant during an economic downturn than in positive trading conditions.
The reputation of
Out of 200
Dr Debbie Buckley-Golder, director for KTP said: ‘We were reassured to see that survey respondents recognise the value of knowledge sharing and innovation in helping to future-proof their business – as well as an investment in the developing the skills of their workforce.’
KTP is a government-funded scheme which aims to strengthen the competitiveness of
Bombardier Rail Control Solutions has benefited the KTP scheme by partnering with
Andy Millar, Bombardier’s engineering design manager, said: ‘The interchange of knowledge and information between our Associate and our engineering team proved incredibly successful in bringing the product to its fruition and proved that design and innovation is best driven by collaboration. I believe that such an approach could play an important role in long-term manufacturing sector growth in the
.’
Engineering industry reacts to Reeves' budget
I´d have to say - ´help´ - in the longer term. It is well recognised that productivity in the UK lags well behind our major industrial competitors and...