Source · Select Committees · Public Accounts Committee
Recommendation 22
22
Effective R&I funding demands comprehensive portfolio information to manage diverse risk levels.
Conclusion
To effectively manage R&I funding, it is crucial to have good information on what is being funded across a portfolio. Professor Boyle outlined the importance of needing high-risk, high reward research but also the need to support “winners” and low-risk, high-reward research.55 DSIT told us it expected multiple projects in the portfolio to outright fail or not achieve their original objectives, although these may still produce useful skill-building and side benefits.56
Government Response
A response document is linked to this report, dated 15 October 2025. Response attribution to this conclusion has not been verified. Read the response document ↗