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Comment: Chips and mortar

In a week when Lars Ramqvist, president of the Swedish company Ericsson,
put the case for heavy spending on research and development at the annual
Department of Trade and Industry Innovation Lecture, it was depressing to
see one of Britain鈥檚 leading companies apparently mocking high technology.
In advertisements comparing a microprocessor (鈥榠n 12 months it will be obsolete鈥�)
with a brick (鈥榠n 12 months it will still be the latest thing in bricks鈥�),
Hanson tells us that the latter 鈥榤ay lack the Silicon Valley cachet. But
it is typical of where Hanson puts its cash.鈥�

The ad goes on to boast that as well as owning Britain鈥檚 leading brick
companies, Hanson owns 鈥榦ne of the world鈥檚 largest private coal producers鈥�.
These holdings obviously impress the investment community. But why knock
the microprocessor? Presumably, Hanson does not have thousands of workers
making bricks by hand. Nor are its miners likely to be digging coal with
picks and shovels. More probably, the company鈥檚 brickworks and its coal-cutting
equipment employ those nasty pieces of advanced electronics in their control
systems. And we can be sure that Hanson鈥檚 accounts are prepared on computers,
not by clerks with quill pens.

As the DTI R&D Scoreboard made clear last year, Britain鈥檚 companies
lag far behind the world leaders in their investment in research. Putting
the brick before the microprocessor won鈥檛 help change attitudes.