government

Rethinking industrial policy design in the UK: foreign ideas and lessons, home-grown programmes and initiatives

There is now renewed interest in the UK in the potentially beneficial economic effects of industrial policy, that is, government policies designed to influence the structure of output and employment. Much public discussion and debate on this subject emphasises the lessons that can be learned from other countries which have proved in recent decades to be more successful in terms of innovation and the commercialisation of the results of research and innovation.