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Industrial R & D and the British economic problem
Author(s) -
Pavitt Keith
Publication year - 1980
Publication title -
randd management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.253
H-Index - 102
eISSN - 1467-9310
pISSN - 0033-6807
DOI - 10.1111/j.1467-9310.1980.tb01115.x
Subject(s) - competitor analysis , government (linguistics) , minor (academic) , quality (philosophy) , production (economics) , business , industrial production , economics , industrial organization , market economy , marketing , political science , law , microeconomics , macroeconomics , philosophy , epistemology , linguistics
Britain's poor industrial and economic performance over at least the past fifteen years is closely related to a national pattern of R & D activities that—by comparison with our main competitors—has been insufficient in volume, heavily concentrated in sectors of relatively minor industrial significance, and inadequately coupled to the problems and possibilities of production and the market. Reversing what in the 1970s was a strongly downward trend in British R & D and other innovative activities will require, amongst other things, more professionalism and skills in British engineering and management, and deliberate long‐term strategies in industry and government to develop products, processes and markets that enable British industry to compete on the basis of quality and skills rather than low wages.