City-REDI sees the generation of new ideas as essential for creative, successful and resilient regions. Diversity, variety and innovation, in firms, in public sector organisations, in regional economies are driven by new ideas.
We are working together with the public and private sector to explore new ways of innovating to ensure that local excellence in discovery translates into industrial and commercial applications which increase productivity through wider adoption. We need to get better at turning exciting ideas into strong commercial products and services; and innovations in public sector delivery. We are developing new tools to understand impact pathways for ideas and innovations and the way they can improve productivity, or reduce the burden on the public sector through better wellbeing outcomes. We are looking at ways in which government and the private sector can increase investment in research and development (R&D) and select and promote the right projects to achieve the greatest impact for people, businesses, localities, regions and countries.