Balance and effectiveness of research and innovation spending

Contents

Committee information

Summary

1 Introduction

Background

Our inquiry

2 Level of ambition of the 2.4% target

Importance of research and innovation spending

Current R&D spending

2.4% as a ‘stretch’ target

3 UKRI and the R&D landscape

Complexity of the R&D landscape

The Government’s Industrial Strategy

The creation of UKRI

Challenges for UKRI

Strategy

Evaluation

Government influence on research and innovation beyond UKRI

4 UKRI influence on the balance of R&D spending

UKRI

The dual support system

Regional concentration of research

Balance between ‘pure’ and ‘applied’ research

Balance between research and innovation

Balance between research disciplines

Balance between capital and current funding

Balance between domestic and overseas policy goals

5 Beyond UKRI—wider balance

Wider support for innovation across Government

Existing Government demand for R&D

The Small Business Research Initiative (SBRI)

Public procurement

R&D tax credits

Patient capital

Conclusions and recommendations

Formal minutes

Witnesses

Published written evidence

List of Reports from the Committee during the current Parliament




Published: 12 September 2019