Govt plans for UK business innovation overhaul

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A new govt framework will aim to boost UK business innovation (image credit: iStock/Saklakova)

Government plans are being put in place to enhance the ability of businesses up and down the country to focus on innovative practices to improve their future chances of growth and success.

Outlined by the Department for Business, Innovation and Skills (BIS), a new approach to the creation of and update for employment rules relating to UK firms will be taken in the coming months.

Business secretary Sajid Javid commented: "Home to some of the most innovative companies in Europe, Britain is already ahead of the curve in many ways when it comes to driving forward new ideas.

"But I am clear that I want to see more enterprising start-ups and greater productivity in a free and fair marketplace, by making sure we take action to break down any barriers that are curbing innovation and entrepreneurship."

Two new schemes are now being set up by the government to ensure a more streamlined and supportive regulatory framework for businesses in the UK in the future, with new action to prevent red tape from stifling entrepreneurialism and a new Innovation Survey.

Delivered as part of the government's new Innovation Plan, there are seven key areas of business governance and compliance that the BIS will aim to examine in the future when assessing the most appropriate forms of regulation and oversight.

A call for evidence has therefore now been made by the department to cover these specific areas, which are:


Ensuring that all regulation that is currently in place works for businesses and not against them. The government wishes to find out how best to support innovation through the regulatory sector, rather than stifling it.


Using government procurement to kick-start the development of new technologies, the survey wishes to find out how public sector spending - approximately £240 billion a year - could help in the delivery of new and innovative services.

Access to finance

The survey aims to develop an improved understanding of the financial stumbling blocks and difficulties that businesses face when seeking technological change or science and innovation investment.


How can the government become a world leader in open and transparent government? This is one of the main questions that the survey hopes to answer in today's world of growing access to data and information.

Challenger businesses

The survey hopes to highlight how challenger businesses - companies that are already pursuing new and innovative ideas - can be helped to flourish, ensuring they are not stifled by excessive red tape and regulation.

National infrastructure

Unlocking the wider economic benefits of improved national infrastructure, the survey aims to find out how the current network of Catapult Centres across the UK can be improved upon and expanded to help deliver growth.

Intellectual property

An area where the government is keen to shed light, the survey will ask respondents to highlight their current policies relating to intellectual property.

According to the results of this year's annual IP Awareness Survey from the Intellectual Property Office, 96 per cent of firms have not valued their intellectual property assets and only 20 per cent are currently generating additional income by trading these assets.

Overall, the Innovation Survey will will help in the development of a new National Innovation Plan, with each response helping to shape the future direction of British regulatory policy for countless businesses and sectors.

Open for responses until May 22nd, the outcome of the survey will be made public later this year when a new framework for supporting enhanced innovation and the latest corporate practices will be pushed by the BIS.

Reacting to the creation of this new framework, founder of Enterprise Nation - a supporter of UK business innovation and a key campaign group in the sector - Emma Jones,  concluded: "The UK continues to record over half a million start-ups being formed each year, with many people starting a business by holding onto the day job and building the business at nights and weekends.

"Entrepreneurial individuals need to be able to ease out of employment and into self-employment so a move to look into how employment contracts reflect this and the modern economy is warmly welcomed."