Government will invest in research and innovation to stimulate UK economyBMJ 2011; 343 doi: https://doi.org/10.1136/bmj.d8060 (Published 12 December 2011) Cite this as: BMJ 2011;343:d8060
- Ingrid Torjesen
The government will make more money available to small and medium sized businesses to help them research and develop innovative new products, especially in the science and technology sectors, in an attempt to promote economic growth.
As expected, the government’s Innovation and Research Strategy for Growth, published last week, confirms that its £4.6bn (€5.4bn; $7.2bn) research programme investment will be ringfenced. An extra £495m will be made available for capital projects, special support for life sciences, and electronic infrastructure investment.
The strategy gives a name to the planned £200m network of technology and innovation centres: Catapult centres. These will act as a bridge between academia and business to support the commercialisation of new …