For London to blossom into a global innovation hotspot, mimicking the likes of Boston and the Silicon Valley, businesses need a smart network granting them access to markets and to financial, research and inventive resources. Within this heterogeneous innovation ecosystem, large firms, technology and innovation centres, as well as an enterprising state can integrate and act as growth catalysts.
Now is the time for the UK to be ambitious, bold and enterprising. Disruptive technologies, business models and approaches to R&D are transforming health delivery, domestic energy, and finance. We must get a grip on developing smart cities with smart citizens whose smart businesses, tablets, and intelligent homes make everyone wealthier, more sustainable and healthier for longer.