Tech entrepeneur to look at future of Catapults

Business Secretary Vince Cable has asked technology entrepreneur Hermann Hauser to examine how the Technology Strategy Board's network of Catapult centres can be utilised more effectively.

Hauser, whose 2010 review of UK technology commercialisation infrastructure guided the creation to the Catapult network, will now focus on identifying ways in which the Catapults can be improved and expanded to maximise exploitation of the technology and resources they house. Commenting on Britain's track record of technology exploitation, Cable admitted that while some 'enviable' achievements have been made, "we have sometimes failed to commercialise new technology". He continued: "That is why the Catapult centres are so important for securing future economic growth, and ensuring that not only can we seize new global opportunities, but more importantly that we can leave the competition trailing in our wake." The new Hauser report will be published this summer.