ASCOT, England, May 4/PRNewswire/ -- 'Ideas are the currency of the future' - a Chartered Institute of Building (CIOB) survey into innovation in the construction industry, found almost half of the 459 managers and directors questioned would develop 'green' technology and techniques. Michael Brown CIOB deputy chief executive said, "What we have seen through this research is that sustainability is clearly at the top of the agenda for the construction industry. Almost 50% of respondents voiced innovative 'green' ideas that ranged from carbon neutral construction materials, renewable energy systems, energy efficient heating systems through to solar powered equipment and better waste management products. With 60% of respondents stating that 'green' issues currently require the most research and development (R & D); it is clear from this survey that there is a deep concern for environmental issues from within the construction industry. "The construction industry is not widely perceived as offering an environment that nurtures creativity. However, this survey has suggested otherwise with a large volume of ideas being expressed, and innovation regarded by the majority as crucial to the sustainable future of the industry." The study sought specific opinion on the current state of innovation within construction including the climate of R & D investment compared to turnover. The survey analysed the impact of current innovations and where they were most likely to come from in terms of sector and geography. In addition the study examined the respondent's aspirations and ideas as to what issues they felt would require an innovative response from the industry. The respondents were also given the opportunity to express what areas they would develop with a million pound R & D budget.
