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In the News

Under-investment by British business

Geoff Riley

11th December 2016

I have just been teaching growth and productivity, and this article ties in with that: innovation is a major contributor to productivity.

And this article suggests that the British have lagged behind - not least in funding innovation. Even in this instance, the enhanced Oxford Sciences Innovation is funded by "five investors: three from China, one from Singapore and one from the Middle East."

As the article itself concludes, quoting Paul Krugman "Productivity isn't everything. But in the end it's almost everything.".

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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