Progress Towards the Knowledge Driven Economy: Eighth Report of Session 2004-05, Report, Together with Formal Minutes, Oral and Written Evidence
The Stationery Office, 2005 - 273 pages
The 1998 White Paper 'Our competitive future: building the knowledge based economy' (CM 4176 ISBN 0101417624) proposed a ten year programme to enable the UK to close the productivity gap by exploiting the potential benefits of a modern knowledge driven economy. More than six years on, this report is a review of the progress that has been made. The topics covered include: UK performance since 1998; the development of new products, processes and services; science and knowledge research bases; knowledge transfer and exploitation; information and communication technologies, competition from low-cost economies. One of the conclusions is that although the UK's science and knowledge research bases and businesses are collaborating more frequently, the performance in knowledge exploitation has been disappointing and the relative position of the UK against the rest of the G7 has remained unchanged. Another conclusion is that although there is some evidence that outsourcing abroad can be beneficial, the Government should keep the trend under review in case there are strategic loses.
areas benefits broadband Cable & Wireless call centres CCCs Chairman challenge Clapham collaboration communications companies competitive contact centres cost Council countries create e-commerce employers employment engineering ensure environment EPSRC evidence example exploitation framework funding global going Government growth higher education institutions HM Treasury ICT investment impact improve increase India industry infrastructure innovation Intellect Internet issue Judy Mallaber knowledge driven economy knowledge transfer labour Lambert Review Linda Perham look Mehta million NASSCOM National Outsourcing Association offshoring open innovation opportunities organisations outsourcing overseas patent percent physics potential problem productivity Professor Norton programmes public sector QinetiQ RDAs recognise regional Richard Burden role service sector Sir Robert Smith SMEs strategy talking target tax credits things trade UK businesses UK economy UK's unions universities workforce