Source · Select Committees · Business and Trade Committee
Recommendation 39
39
Not Addressed
Paragraph: 160
The Advanced Research and Invention Agency (ARIA) could provide a mechanism to contract for innovation...
Conclusion
The Advanced Research and Invention Agency (ARIA) could provide a mechanism to contract for innovation by driving public-private collaboration and encouraging 54 Post-pandemic economic growth: Industrial policy in the UK competition between commercial organisations to secure alternative sources of investment for growth. We believe that an agency which can take risks and be flexible in the way it supports commercial innovation has the potential to accelerate progress against the Government’s policy objectives.
Government response summary AI-generated
The government's response details existing COVID-19 support packages but does not address the committee's observation regarding the Advanced Research and Invention Agency's potential to drive innovation and public-private collaboration.
Summary of the government's response below — read the verbatim text to verify.
Paragraph Reference:
160
Government Response
Not Addressed
HM Government · verbatim extract
Not Addressed
69. The Government is pleased to see the Committee recognise the potential of the Advanced Research and Invention Agency (ARIA) to add to the UK’s research ecosystem via its flexibility, optimisation for risk-taking, and ability to bring together partners from private and public spheres. Post-pandemic economic growth: Industrial policy in the UK: Government Response 13
Read the full response on Parliament ↗