Mandelson looks to Germany for lessons in tech innovation

Lord Mandelson's visit was in anticipation of the Hauser Review, expected in March. The business secretary commissioned technology entrepreneur Hermann Hauser to evaluate the current and future role of technology and innovation centres in the UK, and see how the UK "[could] learn from best practice elsewhere to ensure our communities and businesses are fully equipped to compete and succeed in the global economy emerging from this downturn."

Germany enjoys a network of technology and innovation centres called the 'Fraunhofer' model, which plays a key role in supporting the development and commercialisation of new technologies. The Department for Business, Innovation, and Skills, described the network of institutes as 'a vital link between the academic sector and the needs of industry.'

"I have always said that Britain is a land of inventors and innovators," commented secretary of state for business, innovation and skills Lord Mandelson. "I am proud of how well we create and design items, but I want to ensure we translate all our achievements into money-makers and ultimately jobs.

"Germany has long been admired as a world leader in this field and so I am here to learn about their success. I look forward to reporting back on how we can use their experience to help advance economic growth in the UK."

During his one-day trip Lord Mandelson also met his German Government counterparts, federal minister of economics and technology Rainer Braderle and state secretary from the federal ministry of education and research Dr. Georg Shatte.

Lord Mandelson and Mr Braderle issued a joint statement, which highlighted the importance of EU Member States working together to pursue a co-ordinated, ambitious growth strategy, designed to ensure an economically robust Europe that's capable of delivering strong and sustainable economic growth.