business

Four years of the UK’s Business Basics Programme – what have we learned

By James Phipps & Rob Fuller on Tuesday, 14 June 2022.

The question of how to raise productivity among small and medium-sized enterprises (SMEs) has long presented a challenge to policymakers around the world. In 2018, the UK’s Department for Business, Energy and Industrial Strategy (BEIS) worked with Innovate UK and IGL to launch an innovative approach to this problem, creating a fund to experiment with interventions to boost productivity among SMEs.

Taking the first steps in business policy experimentation

By James Phipps on Friday, 10 February 2017.

Embarking on a journey of policy experimentation might be easier with just a first small step… Keen to encourage a culture of experimentation amongst policy makers, IGL has been examining the barriers that prevent its adoptions – finding that these include a reluctance to disrupt the status quo, fears of a backlash if ‘lotteries’ are used to allocate support or simply that evaluation is considered too late.

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