Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Research Councils act to increase the economic impact of research

31.01.2007
Research Councils UK (RCUK) today publishes its strategy to maximise the value of the research it funds.

The document "Increasing the Economic Impact of the Research Councils" describes how the eight Research Councils will work with research users, public funders and other organisations to ensure that UK can make best use of its world-class research base in addressing the challenges posed by globalisation.

The action plan takes forward the recommendations of a Government task force led by Mr Peter Warry, which published its report in July 2006.

Key points in the strategy include the creation of a new national forum for knowledge transfer, bringing together all the major players to pull in the same direction; the commissioning of major studies to evaluate the economic impact the Councils' investments and biennial surveys to ensure that investments and activities are aligned with the needs of users.

The Research Councils start from a strong position with the research they have supported leading to new industry sectors worth billions of pounds. A new class of pharmaceuticals, based on antibody technology developed by Medical Research Council scientists, has now generated a global market in antibodies in excess of £6 billion a year. Long term funding by the Engineering and Physical Sciences Research Council has led to the development of flexible screen technology at Plastic Logic Ltd, a spin-out from Cambridge University, and recently attracted the investment necessary to build the world's first factory to manufacture plastic electronics on a commercial scale.

Primary school children finding it easier to develop Key stage 1 numeracy skills due to a project co-funded by the Economic and Social Research Council which developed the HOMEWORK system for teaching using interactive whiteboards and tablet PCs.

Professor Philip Esler has been invited by his fellow Research Council chief executives to drive through the necessary changes. Professor Esler said: "As the biggest single funder of public research in the UK, the Research Councils willingly take on the task of encouraging and focusing the changes in the research base needed to position the UK to face the challenge posed by the emerging economies. We interpret economic impact broadly to encompass the social, cultural as well as financial benefits that can flow from the research base. These benefits can emerge from all academic disciplines, from the arts to astrophysics and sociology to zoology, and all eight Research Councils will be pulling together to realise those benefits."

Increasing the Economic Impact of the Research Councils is available from www.rcuk.ac.uk/innovation/rolerc/eig.htm

Matt Goode | alfa
Further information:
http://www.rcuk.ac.uk/innovation/rolerc/eig.htm

More articles from Business and Finance:

nachricht Microtechnology industry is hiring – positive developments of past years continue
09.04.2018 | IVAM Fachverband für Mikrotechnik

nachricht RWI/ISL-Container Throughput Index with minor decline on a high overall level
20.03.2018 | RWI – Leibniz-Institut für Wirtschaftsforschung

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

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

Im Focus: Color effects from transparent 3D-printed nanostructures

New design tool automatically creates nanostructure 3D-print templates for user-given colors
Scientists present work at prestigious SIGGRAPH conference

Most of the objects we see are colored by pigments, but using pigments has disadvantages: such colors can fade, industrial pigments are often toxic, and...

Im Focus: Unraveling the nature of 'whistlers' from space in the lab

A new study sheds light on how ultralow frequency radio waves and plasmas interact

Scientists at the University of California, Los Angeles present new research on a curious cosmic phenomenon known as "whistlers" -- very low frequency packets...

Im Focus: New interactive machine learning tool makes car designs more aerodynamic

Scientists develop first tool to use machine learning methods to compute flow around interactively designable 3D objects. Tool will be presented at this year’s prestigious SIGGRAPH conference.

When engineers or designers want to test the aerodynamic properties of the newly designed shape of a car, airplane, or other object, they would normally model...

Im Focus: Robots as 'pump attendants': TU Graz develops robot-controlled rapid charging system for e-vehicles

Researchers from TU Graz and their industry partners have unveiled a world first: the prototype of a robot-controlled, high-speed combined charging system (CCS) for electric vehicles that enables series charging of cars in various parking positions.

Global demand for electric vehicles is forecast to rise sharply: by 2025, the number of new vehicle registrations is expected to reach 25 million per year....

Im Focus: The “TRiC” to folding actin

Proteins must be folded correctly to fulfill their molecular functions in cells. Molecular assistants called chaperones help proteins exploit their inbuilt folding potential and reach the correct three-dimensional structure. Researchers at the Max Planck Institute of Biochemistry (MPIB) have demonstrated that actin, the most abundant protein in higher developed cells, does not have the inbuilt potential to fold and instead requires special assistance to fold into its active state. The chaperone TRiC uses a previously undescribed mechanism to perform actin folding. The study was recently published in the journal Cell.

Actin is the most abundant protein in highly developed cells and has diverse functions in processes like cell stabilization, cell division and muscle...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

VideoLinks
Industry & Economy
Event News

LaserForum 2018 deals with 3D production of components

17.08.2018 | Event News

Within reach of the Universe

08.08.2018 | Event News

A journey through the history of microscopy – new exhibition opens at the MDC

27.07.2018 | Event News

 
Latest News

Smallest transistor worldwide switches current with a single atom in solid electrolyte

17.08.2018 | Physics and Astronomy

Robots as Tools and Partners in Rehabilitation

17.08.2018 | Information Technology

Climate Impact Research in Hannover: Small Plants against Large Waves

17.08.2018 | Life Sciences

VideoLinks
Science & Research
Overview of more VideoLinks >>>