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Liberal Democrats in Business News and views from the Lib Dem Treasury, Trade and Industry Teams and the Liberal Democrat Business Forum |
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Liberate To Innovate: Business Needs Freedom - Bruce1.25.00pm GMT Wed 17th Dec 2003
The Government's strategy to boost innovation in British business has been launched today alongside admissions that the Government's procurement practices could be stifling the very sector they are seeking to help. Patricia Hewitt admitted that the Government habitually dictate terms, instead of asking British innovators for creative solutions. Commenting on today's announcement of £109bn to boost innovation in British business, Malcolm Bruce MP Liberal Democrat Shadow DTI Secretary, said: "In reality the proper role of Government is to stimulate blue skies research and liberate business to innovate, rather than try to second guess the marketplace." "We welcome the Government's recognition that their procurement policy for the £109 billion Government spend has been applied in a way that could stifle, rather than encourage, innovation and should be reassessed accordingly." "It is however questionable whether Government has the means to promote innovation. Micromanagement could create more bureaucracy and obstacles than it removes."
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[ Related Press Articles:Mon 21st Mar 2005: [Malcolm Bruce looks at the problem of red tape faced by business ] Published and promoted by Liberal Democrats in Business, 4 Cowley Street, London SW1P 3NB. The views expressed are those of the party, not of the service provider. |