Lord Sainsbury has published his review of the Government's science and innovation policies. The report entitled a Race to the Top calls for:
- A new leadership role for the Technology Strategy Board Working with the RDA's the Research Councils and government departments to co-ordinate public sector support for technological innovation, leverage public sector resources and simplify access to funds for business.
- Building on our success in knowledge transfer by giving more support through the Higher Education Innovation Fund to business-facing universities, setting targets for knowledge transfer from Research Councils, doubling the number of Knowledge Transfer Partnerships and extending these further to FE Colleges.
- A major campaign to enhance the teaching of science and technology including raising the number of qualified STEM teachers, increasing the number of young people studying triple science, improving careers advice, establishing a National Science Competition, and rationalising the many schemes to inspire our young people to take up careers in science and engineering.
- A key role for Government Departments based on an improved procurement capability, a reformed Small Business Research Initiative managed in partnership with the TSB, and consideration for the incorporation of innovation into the duties of the economic regulators.
- Increasing the focus of RDAs on science and innovation by encouraging them to put additional resources into TSB programmes, Knowledge Transfer Partnerships, high-technology clusters around world-class research universities, and proof-of-concept schemes consistent with a nationally agreed specification.
The Government has announced that it will invest £1 billion over the next three years to boost business innovation and technology development and will create a new science and innovation strategy, to help position Britain as a key knowledge economy at the forefront of 21st century innovation.