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- W4247034822 abstract "Subject New UK industrial strategy suggests a bottom-up approach to raise productivity. Significance The UK Government released a Green Paper on its Industrial Strategy on January 23 following the creation of the Department of Business, Energy and Industrial Strategy (BEIS) in July 2016 by UK Prime Minister Theresa May. The BEIS merged two departments, Business, Innovation and Skills (BIS) with Energy and Climate Change (DECC). In the 1970s, the approach was top-down, focusing on raising total output, but the government has shifted to a bottom-up approach to raise productivity. Impacts The Chief Scientific Adviser, Sir Mark Walport, is considering the case for a new energy technology research institution. A new National Productivity Fund has been created to invest in infrastructure, and further details will be revealed in coming months. The United Kingdom is ranked relatively lowly globally for its physical infrastructure -- offering large scope for improvement." @default.
- W4247034822 created "2022-05-12" @default.
- W4247034822 date "2017-02-20" @default.
- W4247034822 modified "2023-09-27" @default.
- W4247034822 title "Raising productivity is key to expanding UK industry" @default.
- W4247034822 doi "https://doi.org/10.1108/oxan-db218080" @default.
- W4247034822 hasPublicationYear "2017" @default.
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