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UK Council for Science and Technology 1. 2. Two themes The CST itself – who we are and how we operate Our innovation agenda 1 Who we are • Prime Minister’s top-level independent and impartial advisory body on strategic science and technology policy issues • Focus on longer-term, cross-Government issues which are identified either by Government, or by the CST, or both • Co-chaired by Sir David King – Government’s Chief Scientific Advisor, and me 2 Our Membership • 17 independent members who are leaders drawn from academia and business • Broad range of academic disciplines and business backgrounds 3 CST Members • • • • • • • • • • • • • • • • • Sir David King Sir Keith Peters Sir John Beringer Professor Geoffrey Boulton Professor Janet Finch Andrew Gould Professor Wendy Hall Dr Hermann Hauser Dr Dieter Helm Professor Alan Hughes Dr Sue Ion Dr Rob Margetts Sir Paul Nurse Dr Raj Rajagopal Professor Michael Sterling Professor Kathy Sykes Dr Mark Walport Government Chief Scientific Advisor President Academy of Medical Sciences Chair The John Innes Centre Vice-Principal Edinburgh University Vice-Chancellor Keele University CEO Schlumberger Ltd Southampton University Amadeus Capital Partners Oxford University Cambridge University ex- Director Technology BNFL Chair Legal and General plc President Rockefeller University CEO BOC Edwards Vice-Chancellor University of Birmingham Bristol University Director Wellcome Trust 4 How we operate • Through networks - leaders from business, universities, regional organisations, Government • Set up sub-groups and hold workshops and seminars to collect evidence and give direction • Each project is sponsored by a Minister • Three-person Secretariat 5 Science and Innovation G8 Environment Foresight Energy Pensions China Education Horizon scanning Health and biotechnology Science, technology and Innovation India Security Trade Services Manufacturing Productivity EU 6 Funding the Science Base Science Budget 1997 – 2014 (£m) 6000 5000 4000 3000 2000 1000 0 97- 98- 99- 00- 01- 02- 03- 04- 05- 06- 07- 08- 09- 11- 12- 1398 99 00 01 02 03 04 05 06 07 08 09 10 12 13 14 7 8 R&D to GDP ratio for the UK, R&D:GDP Ratio of which Science Base 1.90% (%) 0.35% Other Government Depts R&D 0.31% Private Sector 1.24% France 2.20% Germany 2.51% USA 2.67% 9 10 Our Innovation agenda • Recognise the complex set of issues and interactions • Ensure large Government investment in S&T, skills and education translate into innovation and wealth creation • Need to encourage business to do more R&D 11 Our Innovation objectives • Helping high-technology spin-outs and SMEs be more innovative and grow • Connect services companies to the science base • But recognise that wealth creation through innovation is not just about levels of R&D spend 12 Bridging the valley of death High tech SMEs large companies 13 Growing spin-outs and SMEs • Increase their capacity to absorb R&D • More focused use of public funding • Better use of public procurement – contracts rather than grants • Balancing risk, cost and longer-term benefits in R&D procurement policy 14 Bioscience SMEs • NHS as a source of major competitive advantage to the UK • UK pharmaceutical sector strong • Biosciences as a growing source of high-tech start up and SMEs in the UK • How to bring it all together? 15 Connecting Services companies to universities • Services represent over 80% of the UK economy • Poorly connected to the university base and Government • But often high value-added businesses eg financial services and insurance 16 CST’s thinking • Better strategic focus within Government for services sectors • Common language and better metrics • Architecture for knowledge transfer between services and universities • Understand interactions between regulation, competition and innovation 17 Contact us Dr Peter Brooke Council for Science and Technology Bay 307 1 Victoria St London Tel: 0044 215 6518 Email: [email protected] www.cst.gov.uk 18