The Power of Place
12 May 2020
Investing in regional R&D can play a significant role in reaching the Government’s target of increasing R&D investment to 2.4% of GDP by 2027, and 3% in the long-term. The challenge of encouraging regional economic growth is likely to be even more important as the UK emerges from the other side of the Covid-19 pandemic and looks to rebuild its economy.
The report’s findings are based on views gathered from over 80 contributing organisations through an extensive consultation exercise across the UK, conducted over the last 18 months, including roundtables in Edinburgh, London, the West of England, the West Midlands, and the North East.
The findings from the report are as follows:
Excellence and Branding
- Brand new regions of excellence can’t just be grown from scratch. Investment should be focussed on R&D excellence that already exists nationwide, whatever its size.
- Brand is important: Regions need to develop their pitch for national and overseas investment.
- Strong leadership is needed from local government, civic groups and the research sector
- The best examples of regional R&D growth have been driven by strong civic leaders
- Central and local government need to work together
Support small business
- SMEs need a helping hand from local and national government to secure academic collaborations
- A replacement for EU structural funds, that build research capacity and support small and local businesses, needs to be found
The report also highlights regional R&D strengths across the UK, from the University of Sheffield’s Advanced Manufacturing Research Centre in Yorkshire and city deals in Northern Ireland, to the Innovation Centres program in Scotland and the South Wales Compound Semiconductor Cluster.
The launch of the report was accompanied by a video from the UK Science Minister, Amanda Solloway MP, welcoming the report.
CaSE takes a look at the Government’s response to Sir Paul Nurse’s independent review of the UK’s research development and innovation organisational landscape.
CaSE is launching its next major project of work, a focused look at the needs of business R&D in the UK.
This is the news we’ve all been waiting for, the UK and EU have finally agreed a deal on the UK’s association to Horizon Europe.
Earlier this month the UK Government published the Pioneer Prospectus setting out an alternative R&D programme should the UK not associate to Horizon Europe.