Economy: Productivity
Debate between Lord West of Spithead and Lord May of Oxford
Lord May of Oxford (CB)
Building on the admission that one of the greatest drivers of productivity is research and development, does the Minister agree that we need to do something to promote a more risk-taking culture? In the United States, bankruptcy is almost a condition for going forward in Silicon Valley; in our case, it means that it is hard to get a credit card afterwards.