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A presentation by Alasdair Reid of Technopolis Group and Alex Coad of the University of Sussex (SPRU) of a 2012 a 'think piece' commissioned by Scottish Enterprise that investigates the role of technology development in driving growth, and notably high-growth firms, in the Scottish economy. The paper was presented to representatives of the Scottish Government services, Scottish Enterprise and other stakeholders on 11th September.
The authors argue that there is a need for a rebalancing of Scottish innovation and enterprise policy to tackle a 'Scottish conundrum' (which they describe as a mix of the 'Swedish paradox' - a strong higher education research sector but low growth due to weak entrepreneurship and the 'Norwegian puzzle', low ranking on main R&D and innovation performance but a highly productive and technologically intense economy. They conclude that Scotland suffers from being trapped in an underperforming UK innovation system with a doubly whammy of 'low business innovation intensity and weak economic growth' compared to neighbouring smaller northern European economies over the last decade.