Having been adjacent to / on the receiving end of a lot of innovation initiatives in the last 30 years I can testify that they mostly don't work. And that they're mostly good at preserving status quos.
This is a much more promising idea:
"Our hypothesis is that innovation starts with human relationships: with the confidence to have a go, to explore, to make something new or take
something else apart and show it to your friends, or ask for help and support. Social capital is at the heart of innovation, and the recommendations in this Green Paper set out an approach to strengthening that across the UK, creating a network of Networked Neighbourhoods that power a resilient, sustainable innovation future for everyone.
We believe it is possible to rapidly spark a culture of inclusive innovation across the UK, that begins in neighbourhoods and forms a golden network of locally rooted community incubator organisations, supported by long-term investment and clear success measures. As well as creating new innovation potential, this will strengthen social bonds and help build better places to live.
Our aim in sharing these ideas is to offer a call-to-arms; a collaborative opportunity to build a more equitable future for innovation across the UK and a better future for everyone."