The DTI will try and forge closer links with 'key economic figures' as part of its new strategy for raising productivity in the UK.
The strategy document outlines five key priorities for improving productivity and highlights what the DTI will do to deliver that success.
The strategy commits DTI to supporting stakeholders with an investment of £3bn per year by 2006, a new business-focused technology strategy, implementation of the Skills Strategy and closer workplace partnerships with the trade unions.
Trade and Industry Secretary Patricia Hewitt said: "This is a strategy that sharpens the DTI's focus for the next five years.
"It will help the department respond with confidence to the challenges of an ever-changing world. And by raising productivity, will ensure that Britain really does provide opportunity and prosperity for all its citizens."
The DTI's five key priorities are:
● Transferring knowledge from the science base and between businesses so firms have access to the ideas they need to innovate
Maximising potential in the workplace - developing organisations with higher productivity,
value and skills
● Extending competitive markets - to give business more opportunities and consumers a fair deal
● Strengthening regional economies - empowering regions to generate their own solutions
● Forging closer partnerships with key economic players at home and overseas