Integrating Global Knowledge Flows for Generative Growth in Scotland

Abstract

The stimulation of entrepreneurship in knowledge-intensive industries is the focus of this chapter. Intermediary technology transfer agencies are considered critical to identifying and helping fund exploitable research and securing its commercialisation in new firms. Strategies to build the life sciences sector are highlighted as an example of how to meet the challenges of the knowledge economy. Recommended actions including increasing research funding and university training in the sector, raising awareness of existing talent amongst potential inward investors, seeking to commercialise innovation in new firms, encouraging networking and knowledge transfer in the sector and helping to access key knowledge from overseas.