The North's Minister for Enterprise, Trade and Investment, Sir Reg Empey, has told more than 100 members of the North's business community that the formulation of new business concepts and commercial ideas were necessary if the Northern economy was to be a success.
Sir Reg, a prominent member of the Ulster Unionists, added: "We need to substantially raise our game on innovation and research and development, with greater university and business collaboration and more commercialisation of university research."