Tag Archives: Catapult

The TSB proposes to set up a number of centres around the country that will be known as “Catapults” to bridge the gap between the universities and small and medium enterprises in order to stimulate growth and innovation but similar initiatives have been tried before with less than spectacular success. Enterprise and innovation cannot be created by fiat. They occur when certain conditions are met. There were no “Catapults” in 18th century England nor indeed in late 20th century Silicon Valley. Better uses of public money might be infrastructure projects like superfast broadband and maybe more could be done in that regard. Investment in education would also be worthwhile, especially if children were taught maths, programming and North Asian languages. Continue reading →