Which challenge areas should the Industrial Challenge Strategy Fund focus on to drive maximum economic impact, and why?
What else can the UK do to create an environment that supports the commercialisation of ideas? NB please emphasis what social science can do in particular.
How can we best support research and innovation strengths in local areas?
How can the Government and industry help sectors come together to identify the opportunities for a ‘sector deal’ to address – especially where industries are fragmented or not well defined?
How can the Government ensure that ‘sector deals’ promote competition and incorporate the interests of new entrants?
How can the Government and industry collaborate to enable growth in new sectors of the future that emerge around new technologies and new business models?
Recognising the need for local initiative and leadership, how should we best work with local areas to create and strengthen key local institutions?
What are the most important institutions which we need to upgrade or support to back growth in particular areas?
Are there institutions missing in certain areas which we could help create or strengthen to support local growth?
Do you have any further comments on the Industrial Strategy you would like us to try and include?
Most of what I have said is in the above. However, I do want to stress that the development of the Internet, its role in enabling IoT and other sectors seem to be ignored. Also, globally, there is a land grab to become the next platform to bed down the ‘sectors’. The control of platforms would drive the growth of any economy whether its the platform for automotive, energy etc. The industrial strategy needs to think about the development of these cross-sector ‘horizontals’ and not merely the ‘vertical’ sectors and how Britain can play a role in shaping the development, and the global land grab to become the next ubiquitous platform.
Finally, I have a comment on labour productivity. In my mind, having worked with technologies for several years, labour productivity is integrated with the notion of ‘augmented’ productivity. For example, I advise into Lloyds Register that uses technology to create the ‘super surveyor’ of ships and physical assets. Focusing on just the person misses the point. The unit here is the augmented person, made more productive, and hopefully doing meaningful work, through capability augmentation. The unit of analysis is therefore (1) the augmented human (2) the effectiveness of the integration of human and tech. This is probably where the social sciences play the biggest role in assisting Britain for the future.