Oral Answers to Questions — Business, Innovation and Skills – in the House of Commons at 9:30 am on 23 January 2014.
Laura Sandys
Conservative, South Thanet
9:30,
23 January 2014
What assessment he has made of innovation in the UK manufacturing sector.
David Willetts
Minister of State (Universities and Science)
Manufacturing businesses are among the most innovative in the UK. In 2012, they spent £12 billion on research and development. We are investing in R and D alongside them. In particular, we are backing eight great technologies that are shaping the industries of the future.
Laura Sandys
Conservative, South Thanet
The Government focus a lot on labour productivity, but what support are they giving to innovation in resource productivity, which accounts for two thirds of the costs in manufacturing?
David Willetts
Minister of State (Universities and Science)
I congratulate my hon. Friend on the interesting and imaginative work she is doing on this subject with other hon. Friends. Through our support for R and D—notably but not solely through our catapult centres—we are rewarding innovation that ensures that businesses operate with lower overheads.