Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Excellence with Impact – Research Councils UK reveals the value of research to the UK

09.10.2007
The Research Councils are generating considerable economic benefits for the UK, a new report published today by Research Councils UK has revealed. It also outlines a range of plans to further boost this impact on the UK’s economy and society.

“Excellence with Impact” shows that the Research Council’s annual investment of around £2.8 billion of Government funding translates into world-class research, leading to profitable breakthroughs, improved health and public policy, and a better quality of life for British people.

In conjunction with the report, a groundbreaking study by PA Consulting has been undertaken which examines 18 areas where Research Council work has made a real-life difference. The studies cover the breadth of the Research Councils’ research portfolio and examples include the Centre for Surrealism, the Lasers for Science Facility, the Applied Genomics LINK programme and the Engineering Doctorates programme.

Minister for Science and Innovation, Ian Pearson, said:

“The study shows our Research Councils are playing a vital role in providing the cutting-edge research Britain needs to stay ahead in an increasingly competitive world.

“We need to build on this and make sure more research is taken a step further to benefit our economy and improve our everyday lives – in challenging and important areas like the environment, our health and our families.

“This report provides a strong path forward for us to best use the Government’s record investment in science.”

A good example of profitable impact and benefit to UK society is the Medical Research Council’s investment in DNA technology. Outcomes include the Southern Blot method which underpinned the sequencing of the human genome, and the development of DNA fingerprinting technology. Direct impacts include the creation of two major spin-outs, Oxford Gene Technology and Cellmark Diagnostics, one of which has a $160 million market capitalisation. Wider benefits include a contribution to the $2 billion global biochip market. DNA has revolutionised forensics and may have saved the UK £47 million per year through faster identification of serial rapists.

Speaking on behalf of RCUK, Professor Philip Esler said:

“The study clearly demonstrates that our research is having powerful and far-reaching impacts and benefits. The knowledge and expertise gained through our investment in people and innovation keep the UK at the cutting-edge of technology, build a strong economy and improve the health and quality of life of its people. The challenge now is to maximise these effects by embedding economic impact within the strategies, delivery, and organisation of the Research Councils.'

'Excellence with Impact’ also reports the findings of a User Satisfaction Survey that probes the expectations and experiences of users, including individuals from the public, private and voluntary sectors, that have worked closely with Research Councils. It also includes an independent review of Research Council Knowledge Transfer Schemes and an internal analysis of how peer review can reflect economic impact considerations. These have helped inform how the Councils will organise themselves to deliver knowledge transfer in the future. An important part of this involves a strategic alliance with the Technology Strategy Board, creating exciting opportunities to support collaborations between research and business.

Julia Short | alfa
Further information:
http://www.rcuk.ac.uk

More articles from Studies and Analyses:

nachricht Physics of bubbles could explain language patterns
25.07.2017 | University of Portsmouth

nachricht Obstructing the ‘inner eye’
07.07.2017 | Friedrich-Schiller-Universität Jena

All articles from Studies and Analyses >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Abrupt motion sharpens x-ray pulses

Spectrally narrow x-ray pulses may be “sharpened” by purely mechanical means. This sounds surprisingly, but a team of theoretical and experimental physicists developed and realized such a method. It is based on fast motions, precisely synchronized with the pulses, of a target interacting with the x-ray light. Thereby, photons are redistributed within the x-ray pulse to the desired spectral region.

A team of theoretical physicists from the MPI for Nuclear Physics (MPIK) in Heidelberg has developed a novel method to intensify the spectrally broad x-ray...

Im Focus: Physicists Design Ultrafocused Pulses

Physicists working with researcher Oriol Romero-Isart devised a new simple scheme to theoretically generate arbitrarily short and focused electromagnetic fields. This new tool could be used for precise sensing and in microscopy.

Microwaves, heat radiation, light and X-radiation are examples for electromagnetic waves. Many applications require to focus the electromagnetic fields to...

Im Focus: Carbon Nanotubes Turn Electrical Current into Light-emitting Quasi-particles

Strong light-matter coupling in these semiconducting tubes may hold the key to electrically pumped lasers

Light-matter quasi-particles can be generated electrically in semiconducting carbon nanotubes. Material scientists and physicists from Heidelberg University...

Im Focus: Flexible proximity sensor creates smart surfaces

Fraunhofer IPA has developed a proximity sensor made from silicone and carbon nanotubes (CNT) which detects objects and determines their position. The materials and printing process used mean that the sensor is extremely flexible, economical and can be used for large surfaces. Industry and research partners can use and further develop this innovation straight away.

At first glance, the proximity sensor appears to be nothing special: a thin, elastic layer of silicone onto which black square surfaces are printed, but these...

Im Focus: 3-D scanning with water

3-D shape acquisition using water displacement as the shape sensor for the reconstruction of complex objects

A global team of computer scientists and engineers have developed an innovative technique that more completely reconstructs challenging 3D objects. An ancient...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Clash of Realities 2017: Registration now open. International Conference at TH Köln

26.07.2017 | Event News

Closing the Sustainability Circle: Protection of Food with Biobased Materials

21.07.2017 | Event News

»We are bringing Additive Manufacturing to SMEs«

19.07.2017 | Event News

 
Latest News

New 3-D imaging reveals how human cell nucleus organizes DNA and chromatin of its genome

28.07.2017 | Health and Medicine

Heavy metals in water meet their match

28.07.2017 | Power and Electrical Engineering

Oestrogen regulates pathological changes of bones via bone lining cells

28.07.2017 | Life Sciences

VideoLinks
B2B-VideoLinks
More VideoLinks >>>