The UK tech sector has shown remarkable growth, with a gross value add contribution rising over 25% since 2010, now exceeding £150bn, showcasing its economic significance.
The establishment of the Department of Science, Innovation and Technology (DSIT) reflects the government's commitment to fostering innovation, providing a dedicated framework to support technological advancement in the UK.
Central to UK’s tech strategy are five key technologies: AI, quantum, engineering biology, semiconductors, and future telecoms, which are essential for maintaining global competitiveness and economic growth.
Despite its innovative history, the UK faces challenges in commercializing technological advancements, necessitating ongoing support and investment in these sectors to unlock their full potential.
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