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Teresa da Silva Lopes and Paul Duguid
05 December 2011
Living in a world characterized by fierce competition and saturated markets is leading twenty-first century multinationals to look for new ways for growth and survival. Both large leading multinationals and small and medium entrepreneurial enterprises collaborate through the creation of open innovation and intellectual property (IP) landscapes, and share their resources, know-how, compounds and technology. The BIG Innovation centre recently launched in September 2011, is evidence of such collaboration. Having already attracted leading multinationals as partners, it aims to facilitate the collaboration between businesses, universities and other institutions, and the government, and act as a key contributor to policy making and to the development of the UK as a global innovation hub.