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National Enterprise Board



 
 
The National Enterprise Board (NEB) was a government body set up in the United Kingdom
United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom , the UK or Britain,is a sovereign state located off the northwestern coast of continental Europe....
 in 1975 to implement the Wilson Labour government's objective of extending public ownership
Public ownership

Public ownership refers to government ownership of any asset, industry, or corporation at any level, national government, regional government or local government ; or, it may refer to common non-state ownership....
 of industry
Economy of the United Kingdom

The United Kingdom has a capitalist economy that in 2007 was the List of countries by GDP in the world in terms of market exchange rates and the List of countries by GDP by purchasing power parity ....
. The plans were outlined in the 1974 White Paper
White paper

A white paper is an authoritative report or guide that often addresses problems and how to solve them. White papers are used to educate readers and help people make decisions....
 The Regeneration of British Industry and the Industry Act 1975 enacted these measures, establishing the NEB.

One of the first activities of the NEB was the Ryder Report
Ryder Report (British Leyland)

The Ryder Report was the official report produced for the Government of the United Kingdom in 1975 by Sir Don Ryder, newly appointed head of the United Kingdom's National Enterprise Board who was given the task of reporting on the British Leyland Motor Corporation and listing recommendations for its future....
, named for the NEB's new chairman, on the future of the British Leyland Motor Corporation
British Leyland Motor Corporation

British Leyland was a vehicle manufacturing company formed in the United Kingdom in 1968 as British Leyland Motor Corporation Ltd . It was partly nationalization in 1975 with the government creating a new holding company called British Leyland Ltd which became BL Ltd in 1978....
.

After the Conservative Party took power in 1979 under Margaret Thatcher's leadership, the NEBs powers began to be eroded.






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The National Enterprise Board (NEB) was a government body set up in the United Kingdom
United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom , the UK or Britain,is a sovereign state located off the northwestern coast of continental Europe....
 in 1975 to implement the Wilson Labour government's objective of extending public ownership
Public ownership

Public ownership refers to government ownership of any asset, industry, or corporation at any level, national government, regional government or local government ; or, it may refer to common non-state ownership....
 of industry
Economy of the United Kingdom

The United Kingdom has a capitalist economy that in 2007 was the List of countries by GDP in the world in terms of market exchange rates and the List of countries by GDP by purchasing power parity ....
. The plans were outlined in the 1974 White Paper
White paper

A white paper is an authoritative report or guide that often addresses problems and how to solve them. White papers are used to educate readers and help people make decisions....
 The Regeneration of British Industry and the Industry Act 1975 enacted these measures, establishing the NEB.

One of the first activities of the NEB was the Ryder Report
Ryder Report (British Leyland)

The Ryder Report was the official report produced for the Government of the United Kingdom in 1975 by Sir Don Ryder, newly appointed head of the United Kingdom's National Enterprise Board who was given the task of reporting on the British Leyland Motor Corporation and listing recommendations for its future....
, named for the NEB's new chairman, on the future of the British Leyland Motor Corporation
British Leyland Motor Corporation

British Leyland was a vehicle manufacturing company formed in the United Kingdom in 1968 as British Leyland Motor Corporation Ltd . It was partly nationalization in 1975 with the government creating a new holding company called British Leyland Ltd which became BL Ltd in 1978....
.

After the Conservative Party took power in 1979 under Margaret Thatcher's leadership, the NEBs powers began to be eroded. The last Labour-appointed chairman of the NEB was Sir Leslie Murphy, who resigned with his entire board when Sir Keith Joseph (the new industry minister) decided to remove its responsibility for the government's holding in Rolls-Royce.

The next chairman was Sir Arthur Knight who was content to lose a number of companies, but strongly supported Inmos microchip project. However he eventually became frustrated by the government and resigned in November 1980. He was succeeded by his deputy, Sir John King (now Lord King of Wartnaby), who proceeded, with some vigour, to dismantle most of the board's remaining activities .

The NEB had a software initiative called INSAC. The memory
Computer memory

Computer memory is usually meant to refer to the semiconductor technology that is used to store information in Electronics devices. Current primary computer memory makes use of integrated circuits consisting of silicon-based transistors....
 and microprocessor
Microprocessor

A microprocessor incorporates most or all of the functions of a central processing unit on a single integrated circuit . The first microprocessors emerged in the early 1970s and were used for electronic calculators, using Binary-coded decimal arithmetic on 4-bit Word ....
 company Inmos
INMOS

INMOS Ltd. was a United Kingdom semiconductor device company, founded by Iann Barron, based in Bristol and incorporated in November 1978....
 was set up by the NEB in 1978.

In 1981, the NEB was combined with the National Research Development Corporation
National Research Development Corporation

The National Research Development Corporation was a non-departmental government body established by the United Kingdom Government to transfer technology from the public sector to the private sector....
 (NRDC) to form the British Technology Group (BTG). The NRDC had been founded in 1948 by Atlee's Labour government
United Kingdom general election, 1945

The United Kingdom General Election of 1945 was a United Kingdom general election held on 5 July 1945, with delayed polls taking place on 12 July and in Nelson and Colne on 19 July....
 to commercialise British publicly funded research.

In 1991 BTG was transferred to the private sector
Private sector

In economics, the private sector is that part of the economy which is both run for private profit and is not controlled by the state. By contrast, enterprises that are part of the state are part of the public sector; private, non-profit organizations are regarded as part of the voluntary sector....
 and, as BTG
BTG

BTG plc is a public limited company specialising in the licensing and commercialisation of medical research. It trades as BTG International Inc. in the United States and as BTG International Ltd. in the United Kingdom....
 plc, has become a leading technology transfer company that commercialises intellectual property
Intellectual property

Intellectual property are law property over creations of the mind, both artistic and commercial, and the corresponding fields of law. Under intellectual property law, owners are granted certain exclusive rights to a variety of intangible assets, such as musical, literary, and artistic works; ideas, discoveries and inventions; and words, phra...
 acquired from research organisations and companies around the world.

See also


  • BTG
    BTG

    BTG plc is a public limited company specialising in the licensing and commercialisation of medical research. It trades as BTG International Inc. in the United States and as BTG International Ltd. in the United Kingdom....


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