Greener BeeGreen ElectronicsUpdated: Government to publish ‘modern industrial strategy’ green paper today

Government to publish 'modern industrial strategy' green paper today

Update: The green paper consultation document is now available, and…
the Government is asking for industry responses. Your comments to Electronics Weekly are here and here.
Initial reading of the green paper suggests the government at least ‘gets it’.

Pre-released information includes the announcement of “sector deals” and investment in research and development that will support “the industries of the future where Britain has the potential to lead the world – from electric vehicles to biotech and quantum technologies”.

“As part of the [sector] deals government will be prepared to offer a range of support, including addressing regulatory barriers to innovation and growth, looking at how we can use trade and investment deals to increase exports, or supporting the creation of new institutions to provide leadership, support innovation or boost skills,” it said.

The green paper also sets out, said the government, technologies where Britain has strengths in RD which could be supported through the government’s previously-announced Industrial Strategy Challenge Fund, including: smart energy, robotics, artificial intelligence and 5G mobile network technology – all part of £4.7bn RD funding announced in November.

According to the government, the green paper sets out ten strategic pillars to underpin a new government approach.

This morning, the Department for Business, Energy Industrial Strategy published the pillars, which appear to be aspirations:

We will become a more innovative economy and do more to commercialise our world leading science base, developing new technologies and driving growth throughout the UK.

We will build a proper system of technical education, and boost key skills in science, technology, engineering, maths and digital proficiency, to ensure people have the skills employers need now and in the future.

We will upgrade our digital, energy, transport, water and flood defence infrastructure, and join up central government investment and local growth priorities more effectively.

We will ensure public procurement drives innovative new products and services, strengthens skills, develops UK supply chains and increases competition by creating more opportunities for SMEs.

We will support businesses and entrepreneurs across the UK, to ensure they can access finance and wider support to grow, and have the right conditions for companies to invest long-term.

We will make Britain a global leader in free trade, including promoting and supporting UK exports, building future trading relations and creating a more active approach to winning major overseas contracts.

We will keep energy costs down for businesses, build the energy infrastructure we need for new technologies, and secure the economic benefits of our move towards a low-carbon economy.

We will build on local strengths and address factors that prevent areas from reaching their full potential, by investing in key infrastructure projects, increasing skill levels and backing local expertise.

We will build on our areas of global excellence and help new sectors to flourish, supporting businesses to take the lead in transforming and upgrading their industries through sector deals.

We will create strong structures and institutions to support people, industries and places to maximise local strengths, including reviewing the location of government bodies and cultural institutions.

 

 

Article source: http://www.electronicsweekly.com/news/business/government-publish-modern-industrial-strategy-green-paper-2017-01/


Comments

Updated: Government to publish ‘modern industrial strategy’ green paper today — No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *