S11 Ep3: Why Britain should back more innovators with Saul Klein

Saul Klein is one of Europe's leading venture capitalists and co-founder of Phoenix Court, the venture capital firm behind some of Britain's most successful high-growth technology companies. He likes to say he is investing with venture capital in ‘practical science fiction’. Having spent more than three decades backing entrepreneurs, he has helped build companies including Monzo - now a well-recognised online bank. He also serves on the Prime Minister's Council for Science and Technology, advising the government on how Britain can strengthen its innovation economy.  In this episode of The We Society, Saul speaks to host Will Hutton about how Britain outperforms most other countries when it comes to innovation. They discuss why Britain's pension funds have historically invested so little in the country's own innovation economy, what recent reforms could change, and why stronger links between venture capital, government and entrepreneurship are essential if Britain is to improve productivity and living standards. Economics is one of the disciplines comprising the social sciences, with the creation and distribution of wealth a dynamic and often controversial topic.  This episode is ideal for listeners interested in topical issues, economics, innovation, the possibilities of venture capital and UK entrepreneurship.  In the We Society, join acclaimed journalist and Academy of Social Sciences president Will Hutton, as he invites guests from the world of social science to explore the stories behind the news and hear their solutions to society’s most pressing problems. In this series social science calls on aspects of business, education, economics, geopolitics, healthcare, human geography and more, exploring their impact on society and the social policy they can inspire. The We Society is for those interested in how social science impacts their world, and how evidence backed research can improve it.  Don't want to miss an episode? Follow the show on your favourite podcast platform and you can email us at **wesociety@acss.org.uk** to tell us who we should be speaking to. The We Society podcast is brought to you by the Academy of Social Sciences in association with the Nuffield Foundation and the Leverhulme Trust. Producer: Emily Uchida Finch Assistant Producer: Emily Gilbert A Whistledown Production for the Academy of Social Sciences