What is the role of primes and their supply chains in increasing business dynamism?
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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ISCF Foundation Industries - baseline insights
Foundation industries (pulp and paper, bulk chemicals, glass, ceramics, cement and metals) are seen as underpinning vital supply chains across UK industry. Interest in ensuring that the UK has sufficient domestic capacit...
Funded by: ISCF
Lead research organisation: University of Warwick
Why might this be relevant?
The project focuses on foundation industries and their supply chains, which are crucial for increasing business dynamism as mentioned in the context.
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ReImagining Supply Chains Network Plus (RiSC+)
The UK government has set out a strategy to enhance our national security and the UK's resilience to a rapidly changing world. This has reached new levels of urgency in the wake of repeated systematic shocks from financi...
Funded by: AHRC
Lead research organisation: Queen's University Belfast
Why might this be relevant?
While the project addresses supply chain resilience, it does not directly focus on the role of primes in increasing business dynamism as requested in the question.