The Productivity Institute, funded by the Economic and Social Research Council (ESRC), brings together world-leading experts from a range of disciplines and backgrounds, working directly with policymakers and businesses to better understand, measure, and enable improvements in productivity across the whole of the UK, with the aim to improve living standard and well-being.
The Institute will support a step-change in the quality and quantity of research available in the UK that will directly inform government policies and business strategies to improve productivity.
We aim to pinpoint the causes of the stagnation in UK productivity and focus energies to laying the foundations for a new era of sustained and inclusive productivity growth. This is done through a strong focus on regional engagement with stakeholders across the whole country, something which is required to address the systemic nature of UK’s productivity challenges.
The Institute will create eight Regional Productivity Forums across the country to work with businesses and policy makers on critical productivity issues in the regional context; and it will form a national Policy Reform Group to work with policy makers on productivity aspects of nation-wide policies.