How can the UK leverage FDI to strengthen its international competitiveness?
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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FDI into University R&D Campaign - Midlands Pilot
The proposed programme will fund a two-year FDI into University R&D Campaign piloted in the Midlands. It leverages work led by a coalition of seventeen regional universities and supported by multiple government depar...
Funded by: ISPF
Lead research organisation: Loughborough University
Why might this be relevant?
The project specifically focuses on leveraging FDI into university R&D to drive international investment, aligning with the question's objective.
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Maximising the benefits of inward investment - how best to target limited funds
This project is based around a set of key users. These users have committed significant resources in terms of time and staffing to the project, recognising the importance of this project for their wider objectives. The f...
Funded by: ESRC
Lead research organisation: Aston University
Why might this be relevant?
The project addresses maximizing benefits of inward investment with a focus on limited funds, partially aligning with the question's objective.