Inventing the Future: transforming STEM economies

Inventing the Future: transforming STEM economies was published by NEF: The Innovation Institute on 2nd July 2014. It is based on consultations with more than 100 companies ranging from multinationals to SME start-ups.

The effect of disruptive technology in many sectors
Forecasts from futurologists
The changing skills requirements of STEM (science, technology, engineering and mathematics) based companies
Proposals for a restructuring of STEM education to keep pace with rapid technological change

New-style polytechnics to act as regional innovation hubs
Local enterprise partnerships and chambers of commerce to coordinate long term regional STEM education strategy
Innovation tax credits to be extended to include technical skills development and specialist capital investment in education
The development of differentiated technology clusters across the UK
Better exchange of personnel between industry and academia
A revolution to teaching and learning approaches

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