The way the world is going, it's technology driven. And it isn't just driven by the old super powers, it's driven by the far east and new emerging economies.

As an engineer I'm constantly spotting problems and plotting how to solve them.

The important thing is to learn from mistakes - something graduates are adept at. Our graduate engineers are working on new technology - from uncharted applications for our digital motor, to a new take on the hand dryer. With an unhindered mind, nothing is off limits.

All our engineers are designers and all our designers are engineers.

So I think the winners in recession are the people who produce new technology that does things better, which people really want.

We need to encourage investors to invest in high-technology startups.

When I started off, I was working in a shed behind my house. All I had was a drill, an electric drill. That was the only machine I had.