Libby Potter and James Dyson
The Money Programme, Tx Friday 02 November, 7pm, BBC TWO
Britain is becoming a nation of inventors and the number of people submitting ideas for patents in the UK has never been higher. Programmes like Dragon’s Den showcased a sample of brilliant or quirky ideas, but how do you know if the idea born at the kitchen table is the big one to make a fortune?
James Fleck, Dean and Professor of Business Innovation at the OU Business School, sees innovation as “how ideas become reality”, and the key driver for economic and social welfare. “Ideas are developed into a prototype and eventually taken to the marketplace, and this process is often spearheaded by charismatic entrepreneurs like Richard Branson or Alan Sugar.”
The Money Programme's Libby Potter meets the inventors hoping to capitalise on their ideas and turn it into a profitable business. One of the best people to ask about making it as inventor in Britain today is Sir James Dyson, whose vacuum cleaners are sold worldwide and earning profits of a hundred million pounds a year. With teams of researchers at work, Sir James files about a patent a day, but how can individual inventors take their ideas forward?
All broadcast information is correct at time of issue.
Video clips of Professor James Fleck discussing innovation, as well as related articles and blogs by OU Business School academics, will be available on the Open2.net website from 02 November.