Correspondence

Investing in research and development

Advice to the Prime Minister on how to maximise the impact of public sector investment in R&D.

• From: Council for Science and Technology
• Published: 28 February 2020

Documents

Investing in UK research and development: CST letter

PDF, 301 KB, 5 pages

Investing in UK Research and Development: Prime Minister response

PDF, 144 KB, 2 pages

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Details

In a letter to the Prime Minister sent in October 2019, the Council for Science and Technology (CST) explores measures to increase the impact of public sector research and development (R&D) budget and create the environment for encouraging private sector investment.

CST proposes 8 areas for action including:

• greater emphasis on applied research, development and implementation
• a review of the distribution of funding
• clearer communication of long term challenges that government seeks to address
• development of data analysis tools to identify emerging opportunities
• improving funding mechanisms to maximise business involvement
• increasing the availability of scale-up funding
• strengthening skills and capability in academia for translating research into economic and social outcomes
• reviewing how public sector research laboratories can build stronger partnerships with business and academia

Published 28 February 2020