EARLIER this week we looked at Scotland’s success as an innovation nation and why we need independence to help our country reach its full potential as a pioneering economy. Everyone knows about Scotland’s oil and gas, its incredible food industry and the sheer exporting might of the Scotch whisky sector.
However, rapidly growing new and high-tech industries are also driving Scotland’s economy which is actually more diverse than the rest of the UK which is far more dependent on finance than Scotland is on oil and gas, for example. Today we look at three key Scottish industrial sectors where innovation is paying dividends and the threats they face …
LIFE SCIENCES
Life sciences is a wide-ranging industry encompassing pharmaceuticals, biomedical science, medical biotechnology, environmental sciences and even some food processing. Basically, these are the sciences that have to do with organisms, such as human beings, plants and animals.
Although there are life sciences businesses across the country, it is an especially important industry in Tayside. Dundee…