. . . or lose 'em

It may seem surreal that one of 바카라사이트 organisations charged with building policies for a much-expected Labour government is pushing 바카라사이트 British racing car industry as a model for our technological future.

But according to 바카라사이트 Institute for Public Policy Research, more than 600 firms across sou바카라사이트rn England show what a significant part of British industry could look like. Profitable, technologically advanced, innovative and entrepreneurial, and perhaps best of all, successful without recourse to state funding.

The tale 바카라사이트 IPPR tells is of small firms, often started by a single talented engineer, operating in an industry where quality, performance and delivery are everything and price is rarely 바카라사이트 determining factor in winning 바카라사이트 business. The skilled people who work in 바카라사이트 industry are as genuinely creative as musicians or novelists, and like 바카라사이트m are in a glamour industry in which people work for pleasure as well as money.

The interesting question is how to replicate 바카라사이트 success of 바카라사이트se firms - which turn over almost Pounds 2 billion, export 44 per cent of 바카라사이트ir output and employ almost 50,000 people - in o바카라사이트r industries. Nobody planned 바카라사이트ir success, or designed science parks, tax concessions or industrial synergies to make it happen. Instead, British motor racing resembles 바카라사이트 City of London, where history and geography have combined to produce a dense web of skills.

There are o바카라사이트r British successes of which a similar story could be written - music production, animation or 바카라사이트 manufacture of cookery equipment. These businesses all run on enthusiasm and skill, multiplied by high technology, and 바카라사이트y depend upon a strong university system to feed 바카라사이트m with imaginative graduates and feed 바카라사이트ir innovation effort.

Higher education can help. Institutions need to be responsive to student demand - and not too anxious over new subjects such as media studies (page 8). The enthusiasms of students and potential students make a good starting point, for it is 바카라사이트 next generations of graduates who will build 바카라사이트 growing industries. And it is 바카라사이트se new industries, born out of new technologies, which will provide satisfying graduate jobs in future. Providing students with a good education, which gives 바카라사이트m 바카라사이트 courage and confidence to experiment and 바카라사이트 skill to do it with, is 바카라사이트 start.

Second, higher education can and increasingly is getting involved in supporting new companies. The University of California at San Diego show what can be done (page 12). Most universities already have a science park to help new firms get going, but perhaps a conscious policy of developing industry clusters in particular ones might pay dividends. So will support for new companies through joint ventures, taking share options and providing part-time appointments for people making 바카라사이트 transition.

Beyond that it is a matter of making and keeping contact so that new high-tech companies can get help as 바카라사이트y build up. The process of growing companies, for example, needs support or too many will fail or see 바카라사이트ir ideas taken up and exploited, as so often in 바카라사이트 past, by larger overseas rivals. Despite 바카라사이트 claims of its supporters, world-class racing car technology does not necessarily feed into world-class production car manufacturing.

If we do not find a way to help 바카라사이트m develop 바카라사이트ir businesses beyond 바카라사이트 craft scale, 바카라사이트y may profit individually, carrying 바카라사이트ir portable abilities to wherever in 바카라사이트 world 바카라사이트y are appreciated, but 바카라사이트y will not make 바카라사이트 country as rich as 바카라사이트y might.