A strategy to meet: UK is trying to innovate in terms of competitiveness, 1998-2005.

This paper examines the case of a genuine innovation strategy in terms of competitiveness, as adopted by the UK strategy, over the years 1998 and 2005. The evidence was found by systemizing the background, measures, scenarios, implementation, and progress of such an innovation strategy, according to which the only solid source of knowledge is deemed to be the Research and Development activity (R&D). This is demonstrated by tracking genuine innovation strategies, taking into account the efforts of the United Kingdom to boost R&D, in the period analysed, in order to determine the real gaps between UK and its main competitors. In today global economy, competitiveness is driven by the implementation of complex and revolutionary strategies. Knowledge based economies are attempting to maintain their competitiveness within and out of boundaries. In the late twenty century in fact, to be competent and competitive is the best strategy, in order to build and maintain the intellectual capital of organizations. [ABSTRACT FROM AUTHOR]