Unpicking the productivity puzzle – What have we learnt from the UK’s Business Basics Programme?
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.