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Business Performance

Business, Innovation and Skills written question – answered on 7th July 2011.

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Photo of Chuka Umunna Chuka Umunna Shadow Minister (Business, Innovation and Skills)

To ask the Secretary of State for Business, Innovation and Skills if he will make an assessment for benchmarking purposes of the performance of UK firms in adopting (a) business best practice and (b) workplace changes in comparison with other OECD countries.

Photo of David Willetts David Willetts Minister of State (Universities and Science)

The DTI Economics Paper number 7, “Competing in the Global Economy—The Innovation Challenge”, found that UK Innovation performance as a whole is around the average of other advanced economies, but that UK businesses as a group appearing to be less creative and less able to introduce workplace changes and, in some areas, the UK lags in the adoption of best business practices.

The Department for Business, Innovation and Skills does not plan to make an assessment for benchmarking purposes. Since the above paper was published, the evidence base in these areas has strengthened considerably, with regular, consistent and comparable data being published, including an improved and extended Community Innovation Survey (CIS). As such, it is not considered necessary to undertake a specific assessment as regularly updated data on workplace innovation are readily available.

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