More UK businesses need to be innovating. At a national level, R&D investment needs to be raised, together with the related spend on education and training for innovation. Together this would lead to greater levels of productivity and generate high-quality…
Continue ReadingWhen seeking to understand the factors which drive innovation and productivity, several factors are usually cited. These factors include lack of patents, poor capacity to innovate, too few knowledge intensive workers, and a lack of innovative entrepreneurs.1 But perhaps you…
Continue Reading“Productivity isn’t everything, but in the long run it is almost everything. A country’s ability to improve its standard of living over time depends almost entirely on its ability to raise its outputs per worker.”1 Productivity is seen to lie…
Continue ReadingDear Sir, While the focus is often on apprenticeships (FT October 23rd) to explain the German productivity problem as if the skills and knowledge of an apprentice makes the difference, but it is the ability to solve technical problems rapidly…
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