Abstract :
150 years ago the UK was the industrial engine of the world. Even 100 years ago this lead was slipping away to countries like Germany and the USA. During the next 50 years the whole of Europe will be matched in industrial output by countries like China. The UK, then, is already only part of a continent which itself will be matched by others. Here, the author discusses how the UK, as a nation, can maintain its position in the world, and indeed what its position is. He argues that the most important question faced is: how can the UK continue to create wealth while at the same time improve or at least maintain its quality of life?.<>
Keywords :
commerce; engineering; government policies; industries; research and development management; R&D; UK; competitive advantage; foresight; government initiatives; industrial output; management; quality of life; wealth creation; Business; Engineering; Government factors; Industries; Research and development management;