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The recession is spurring British inventors on to turn their creations into businesses, new research suggests.

Aspiring inventors cited the current economic climate and the greater risk of being made redundant as the two main inspirations for moving forward with their business ideas, the poll by Business Link London found.

The recession is also apparently promoting innovation and invention within existing small businesses. Some 49% of small businesses said they had been proactively innovating during the past year.


Recession fuelling innovation