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Stian's Blog
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Webmaster Stian.Westlake@nesta.org.uk
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Language English
Financing Mass Localism
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Traditionally, local solutions to social challenges have often focussed on national roll-out. The job of the local was to act as an R&D lab for the national. If we let a thousand flowers bloom, so the theory went, one or two would be especially beautiful, and could be re-planted across the country.
But increasingly, it's clear that localism is valuable in its own right; its real virtue lying...   more...
The revolution starts here
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OK, it's not exactly Venus stepping forth from the waves, but something pretty special was born recently in Holborn, an unprepossessing street in London: a new bank. Could this newcomer, whose brash blue and red branding is a far cry from the muted stateliness of its well established competitors, be a sign of real innovation in the UK's financial services industry?
It's no surprise that innovation...   more...
Venture Capital
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If you had to bet on two forces to deliver economic growth in the future you could do worse than to pick entrepreneurship and technology.
High-growth, entrepreneurial businesses delivered the majority of new jobs in the UK over the past decade. And innovation generated two-third of economic growth over much the same period.
But both of these need smart, risk-tolerant finance to back them...   more...
Four ways it could all go right
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It?s no surprise to hear the new Business Secretary, Vince Cable describing his department as the Ministry of Growth.
Economic growth is the universal solvent of politics. It?s the factor that makes every other big political challenge ? from cutting the deficit to reducing unemployment ? addressable.
This is why we?re excited about our latest report on innovation and the economy, which...   more...
Patient power
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Two things really stand out about it: the dramatic impact that the intervention had, and the extremely rigorous standard of proof it managed to satisfy. A bit of background: Warfarin is an extremely common and useful drug that prevents clotting. Blood clots are often very dangerous: think stroke, embolism, DVT. Many patients are prescribed Warfarin to stop these life-threatening effects. But ...   more...
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