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UK investment in research and development to be at least the average of competitor industrialised countries.

Snapshot assessment (October 2004): TEST NOT MET

Government-financed expenditure on research and development in the UK has been an average of 0.55% of Gross Domestic Product using all available figures since 2000. The equivalent average for other countries are Germany : 0.79%; France : 0.83%; USA : 0.78%; Japan : 0.58% and Canada : 0.59%.

[Source: OECD, Main Science & Technology Indicators, 2003, version 2, Table 12]

Universities and Public sector laboratories able to compete with other countries and other careers to attract the best researchers.

Snapshot assessment (October 2004): TEST NOT MET

University Professors currently earn between 20 and 35% less than people doing jobs of a similar level of skill and responsibility in other sectors. Industrial scientists aged 30-34 earn at least 12% to 13% more than their counterparts in universities.

[Source: Royal Society of Chemistry Trends in Remuneration Report 2004; Hay Group Pay Database: 2004]