The Technology Strategy Board (TSB) has appointed the position of non-executive chair for its forthcoming Knowledge Transfer Network.

David Lockwood, the current chief executive of electronics firm Laird, will step into the role as the Knowledge Transfer Network prepares for its launch on 1 April. The organisation aims to support UK business innovation by bringing closer together academia and business sectors with a view to collaborate, share knowledge, and develop partnerships.

Commenting on his appointment, Lockwood said: “This is an exciting venture for me and UK business. Having seen first-hand just how business critical innovation and the fostering of ideas is, I’m pleased to be part of this [new] network to help provide businesses with the right tools to succeed – whether at start-up phase or throughout growing businesses. Innovation in the UK’s business community remains a key economic driver for UK plc. I believe that KTN is well positioned, through the ongoing development of the Technology Strategy Board, to continue to drive forward the excellent technology and innovation we have here in the UK.”

Iain Gray, chief executive of the TSB, said: “I’m pleased to be able to welcome David as the inaugural chair of KTN Ltd’s board. His experience with innovation-focussed businesses will prove invaluable in improving and expanding both the network and collaboration between cutting edge businesses. David joins us at a pivotal time in the development of the KTN, as it transitions to a more fluid structure.”