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The science budget Contents

Contents

Terms of Reference

Summary

1 Introduction

The case for science and innovation

Our inquiry

2 What we spend on science and innovation now

The science budget

Resource

Capital

Other science and innovation funding

Departmental research and development

Innovation

3 A roadmap for research and development

Investment time lag

The productivity case for R&D investment

Absorptive capacity

Setting a roadmap for UK research and development investment

4 Capital, resource and the ring-fence

Accounting systems

Ring-fence

Innovation

Departmental research and development

5 Distribution

Dual support

Research councils

6 Research and industry

Private investment

Mapping the science and innovation landscape

Financing and fiscal incentives

Conclusions and recommendations

Formal Minutes

Witnesses

Published written evidence

List of Reports from the Committee during the current Parliament



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Prepared 5 November 2015