1: The Problem
A conflict is developing in British industry through our failure to realise how slow rather than how fast is the pace of change. Twenty years from invention to exploitation is rapid; 40 years normal; 60 not unknown. Everyone agrees research is virtuous, but this is a long time to wait for rewards: or so think the people who invest on behalf of pension funds and insurance companies, in other words for Us.
In the first of four programmes about how industry copes with change, Mary Goldring sets out the moral dilemma and shows how it is beginning, subtly, to sacrifice the long term for the short.
Producer DAVID MORTON
(Re-broadcast tomorrow at 11.0am)
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