Innovation strategy: economic evidence paper
Summary of the theory and selected evidence on the role of innovation and its drivers in generating economic growth and Scotland’s innovation performance to provide context for and inform the development of Scotland’s National Innovation Strategy.
Annex 2: Sectors identified by key current Scottish Government strategies
It is important that the choice of sectors for the Innovation Strategy is considered in the context of the sectors identified in analysis undertaken for other existing relevant Scottish Government strategies. Given the strong links that exist between innovation and exporting[83] and inward investment[84], key strategies to consider include 'Scotland's Inward Investment Plan' and 'A Trading Nation' – Scotland's export strategy. In addition, it is important to consider the sectors identified by Scotland's overarching economic strategy, 'Scotland's National Strategy for Economic Transformation' (NSET)[85]. The table below outlines the sectors identified in each of the three strategies.
| Scotland's National Strategy for Economic Transformation |
Scotland's Inward Investment Plan |
A Trading Nation |
|
|---|---|---|---|
| Renewable energy |
✓ |
✓ |
|
| Hydrogen economy |
✓ |
||
| Decarbonisation of transport |
✓ |
✓ |
|
| Space |
✓ |
✓ |
|
| Circular economy |
✓ |
||
| Blue economy |
✓ |
||
| Sustainable farming & forestry, nature restoration, ecotourism & nature-based climate change solutions |
✓ |
✓ |
|
| Financial services and fintech, business services |
✓ |
✓ |
|
| Education, tourism and creative industries |
✓ |
✓ |
|
| Life sciences, chemical sciences, health tech and biotechnology |
✓ |
✓ |
✓ |
| Enabling and emerging technologies inc. photonics and quantum technologies |
✓ |
||
| Digital technology |
✓ |
✓ |
|
| Food and drink innovation |
✓ |
✓ |
✓ |
| Creative industries, major events and tourism |
✓ |
||
| Engineering and advanced manufacturing |
✓ |
Contact
Email: Innovation@Gov.Scot
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