Open and Secure - a techUK report
According to techUK’s report, the UK can lead on;
Continuing to support multilateralism, taking a strategic approach to influence the development of international standards
Promoting the UK’s regulatory strengths and pro-innovation agenda internationally, identifying the issues where the UK can make a difference internationally, such as data flows and digital ethics
Doubling down on UK strengths, propelling its strongest sectors forward and ensuring that it is supporting crucial strategic sectors by following three key pillars: enabling innovation, accelerating innovation, and applying innovation.
Tech is essential to the UK’s prosperity;
- 3 million people work in UK tech and the total value of the sector reached US$1 trillion last year; however recent world events mean it now faces challenges from rising global geopolitical competition.
- The UK has many strengths, including being Europe’s largest tech sector, however, the size of the UK’s economy and population mean that it is unrealistic to think that it can be a leader in every emerging technology.
- The UK must pick its battles and carefully select the areas it can lead on. Outside the formal structures of the EU, and without automatic invites to forums such as the US-EU Trade and Technology Council, the UK must build on its capital and leverage to ensure it is an essential partner to different international allies. The UK also needs to build its capacity in how it supports the sector, by providing coherent and coordinated policy and providing businesses with the support they need to navigate a challenging environment.
To fail to take these steps will dilute the UK’s impact and undermine the advantages of the UK’s tech sector, which is essential to ensuring the long-term growth and prosperity of the UK economy.
On 15 May, techUK and partners will bring together tech experts, policy makers, academics and thought leaders at techUK’s Trade Conference.
This year’s conference will focus on Navigating the Geopolitics of Technology and panellists will discuss the interplay between technology, trade and geopolitics. Following the launch of the UK Government International Technology Strategy, techUK believes this is a key moment to have the crucial conversation about the future of UK technology in a world of resurgent competition.
On this occasion, we will also launch a new techUK report on economic security, highlighting some the UK tech sector’s recommendations for securing the future of UK technology taking into account the recent and ongoing geopolitical dynamics.
This event will draw from experience and expertise from around the globe and from across the technology sector to put the spotlight on some of the challenges, the opportunities and the best practice we can share and learn from.
We are delighted that Nigel Huddleston, Minister of State at the Department for Business and Trade and Paul Scully, Minister for Tech and the Digital Economy, Department for Science, Innovation and Technology will be delivering a keynote speech at the event.
Venue: Central London
techUK member ticket - free
Non-member ticket - £150.00 + VAT
For more information, please contact: