How can government target public investment in infrastructure to crowd-in private investment to drive growth in the Industrial Strategy sectors? How to design government support schemes to leverage the maximum possible contribution from the private sector?
Background
The Industrial Strategy aims to spur national productivity growth, strengthen the UK’s economic security and resilience, and support the UK’s environmental and net zero transition. It aims to achieve this by increasing business investment in capital and innovation, attracting foreign investment, and increasing business dynamism in the IS-8 sectors.
These sectors contain the UK’s frontier industries that sit at the leading edge of innovation and have the greatest potential for future competitiveness and technological development. By prioritising these frontier industries, the strategy targets the parts of the economy most capable of driving innovation and supporting major transitions such as AI adoption and net zero.
Next steps
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Research fields
Related UKRI funded projects
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i-BUILD: Infrastructure BUsiness models, valuation and Innovation for Local Delivery
Our national infrastructure - the systems of infrastructure networks (e.g. energy, water, transport, waste, ICT) that support services such as healthcare, education, emergency response and thereby ensure our social, econ...
Funded by: EPSRC
Lead research organisation: Newcastle University
Why might this be relevant?
Addresses the challenges of infrastructure financing and interdependencies in the context of the Industrial Strategy sectors.
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International Centre for Infrastructure Futures (ICIF)
Compared to many parts of the world, the UK has under-invested in its infrastructure in recent decades. It now faces many challenges in upgrading its infrastructure so that it is appropriate for the social, economic and ...
Funded by: EPSRC
Lead research organisation: UNIVERSITY COLLEGE LONDON
Why might this be relevant?
Focuses on understanding infrastructure interdependencies and developing innovative business models to support growth in the Industrial Strategy sectors.
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International multi-disciplinary workshop: Funding, Financing & Emerging Technologies in Infrastructure
The Funding, Financing & Emerging Technologies in Infrastructure workshop to be held in New York City in December 2021 will help transform civil and social infrastructure in the United Kingdom(UK) and United States (...
Funded by: EPSRC
Lead research organisation: University of Cambridge
Why might this be relevant?
The project addresses how to leverage private investment in infrastructure and design government support schemes to drive growth in Industrial Strategy sectors.