Skip to main content

What is the argument?

Scotland invests materially in innovation — roughly in the top quartile of OECD countries on a per-capita basis — but outcomes remain constrained. The paper argues the root cause is not under-investment but misaligned objectives. Without an explicit, shared “why” for the ecosystem, every stakeholder carries their own version of success: founders optimise for growth, agencies for regional jobs, universities for spinouts, investors for exits. When these conflict and no one chooses, the result is generic plans, fragmented delivery, and mediocre conversion.

What is the problem pattern?

Scotland benchmarks outputs without choosing objectives. This creates three predictable failures. First, broad plans attract agreement precisely because they are not choices — then delivery fragments. Second, funding spreads thinly across plausible initiatives because there is no agreed filter. Third, measures skew toward easy-to-count outputs rather than outcome conversion.

What do other ecosystems demonstrate?

The paper examines several countries where explicit objectives create coherent action. Israel built a venture capital market to turn deep capability into global tech outcomes. Estonia used digital state infrastructure to attract global entrepreneurs. Singapore framed technology adoption as a national productivity and inclusion lever. Ireland used FDI as a primary jobs engine. Each made a choice visible in what they prioritise and — critically — what they deprioritise.

What is the proposal?

The paper proposes a Why Charter co-authored by founders, investors, universities, agencies, and public-sector buyers. It contains four decisions:
  1. Primary objective — pick one from a set of candidate options.
  2. Secondary objectives — pick up to two.
  3. Non-goals — state what the ecosystem is not optimising for.
  4. Scoreboard — a small set of public measures linked to the objective.
Candidate objectives include productivity-first, export-led scaleups, high-wage job creation, talent magnet, public service outcomes, or a distinct digital-nation play. Scotland can mix objectives, but must rank them.

What filter does the charter create?

Once the charter exists, every new programme, funding line, or intervention must pass a “why test”: which charter objective does it move, which scoreboard metric shifts, what trade-off does it accept, and what gets stopped to fund it.

Context

This article was sparked by the conversation with Nektarios Liolios and builds on themes from multiple Building Scotland episodes — particularly Nick Sherrard’s analysis of Scotland’s spending-to-outcomes gap and Ross Laurie’s argument for a 20-year economic plan.

Published content