Governments should be focussing on the wider digital economy but focus their efforts instead on one small area: copyright.
They do this because a huge amount of lobbying goes towards pushing the copyright agenda.
Focus on copyright comes at the expense of directing policy resources at other more important areas of digital policy, such as ensuring networks remain trusted and secure.
Today, researchers helped put this in perspective. The UK digital economy - as in the total value of trade which directly relied on the internet - was worth £121 billion in 2010.
The digital economy contributed 8.3% of the total UK GDP in 2010, and that is higher than any other nation.
By comparison £121 billion dwarfs both the entire UK film industry (not just the digital distribution), which contributes around £1.6bn per year to UK GDP (source) and global sales of digital music, which are worth $4.6bn annually (£3bn).
Impressively the UK is claiming a third of the share in music download sales (£1bn) so let's be generous and add the value of the GDP contribution of the entire UK film industry to this and estimate digital content to be worth around
£6.3bn is just 5% of the total value of the UK digital economy.
Surely it's now time for the government and parliament to spend
UPDATE 13:05: Thanks to comments I've missed videogames, which seem to contribute around £1bn to UK GDP (source, although 3 years old) and book and print publishing, which from older research contributes around 0.18% to GDP (2004).
Assuming proportions remain approximately the same that would amount to £2.7bn from current GDP from print, and that would be generous since not all of this GDP contribution comes from digital.
UPDATE 13:27: doh! Ok I mixed dollars and pounds when calculating percentage from print. Corrected again.