Commentary Archive > Summary
Minister of State for Science and Innovation
"While we await future data to assess the full impact of
the downturn, Government has been doing all it can to help
innovative companies like those featured in this report."
"This country's success ultimately depends on a strong skills
base and dynamic R&D both driving an innovative and competitive economy."
Chief Science Officer, BT Group
"Increasing R&D spend is not only a good 'lead' indicator of
successes yet to come, it is also a signal of business confidence."
Chairman & Chief Executive, Renishaw plc
"Our organic growth strategy has allowed us to build a continuously profitable
business with an annual turnover in excess of £175m."
Chief Executive, Ultra Electronics Holdings plc
"Ultra, with its UK teaming partner GKN, has developed a revolutionary new system for
protecting aircraft structures from ice build up during flight."
Chief Executive, Smith & Nephew plc
"Smith & Nephew is a global medical devices business. We place a very high value on new products..... twenty percent
of sales were new products developed in the last three years...we take research and development very seriously. "
Chief Executive, AVEVA plc
"To remain at the forefront of innovation AVEVA is investing nearly 20% of
sales in R&D and then has an operating profit of just over 10% of sales."
Chairman Engineering and Technology Board and Chairman National Physical Laboratory
"It is nevertheless this link between science, engineering and technology (SET), R&D, and wealth creation, which is often a pre-requisite for success."
Charman Cobham PLC
"The UK Aerospace industry relies absolutely upon a vibrant research and technology base to remain competitive."
Chief Executive, AstraZeneca PLC
"Innovation is the principal source of wealth creation and we need a good supply of well-trained scientists, passionate about research, if we are to compete successfully."
formerly of James Capel Stockbrokers
" The share price effects of a growth strategy based largely on acquisitions are examined for a broad spectrum of manufacturing companies."
"Manufacturing excellence is merely a requirement for survival, not a guarantee of long-term success."
"In recent years UK companies in the quoted engineering, automotive and aerospace sectors have spent more on acquisitions than on R&D and capital investment combined."
Chief Executive, Amersham plc
"The product is the medium by which knowledge-intensive industries deliver the fruits of their intellectual capital."
Head of UK Small Companies, INVESCO Asset Management Ltd
"London, as a financial centre, has long been supportive of R&D-heavy businesses"