The Business, Innovation and Skills Committee in the House of Commons has launched an inquiry into the digital economy in the UK.
The topics to be considered by the inquiry include intellectual property, skills, financial markets and barriers to greater success of the UK digital economy. In particular, the Committee asks for input on six key questions.
- What are the major barriers to UK business success in the digital economy? What steps could the Government take to help businesses to overcome these barriers?
- How effective are UK financial markets in supporting the digital economy? What actions could the Government take to improve their effectiveness?
- What lessons can be learned from the Government’s support of tech start-ups and other measures targeted at the digital economy? How is this developing around the regions and nations of the United Kingdom?
- Does the UK’s Intellectual Property regulatory regime provide effective protection for the digital economy and sufficient scope for innovation and competition?
- What actions could the Government take to foster the development of potentially disruptive technologies? Are further safeguards warranted to help existing businesses adapt to the impact of these technologies on their traditional business models?
- What actions could the Government take to ensure the availability of a workforce with the skills to support businesses in the digital economy?
The Chair of the Business Innovation and Skills Select Committee, Ian Wright MP, said:
The BIS Committee wants to evaluate existing initiatives by the Government and to consider what other actions the Government might take to enhance the UK digital economy. We want to hear from all those interested and involved in this area, whether you are a tech entrepreneur ambitious to start a business or a company in an established part of the economy hoping to use digital technology to improve your business, so we can help ensure that the UK is at the forefront of the global digital economy.
The deadline for submissions is 29 October.