Source · Select Committees · Business and Trade Committee
Recommendation 25
25
Accepted
Government struggles to commercialise innovations due to complex RDI institutional landscape.
Conclusion
The UK has strengths in research, development and innovation (RDI) but the Government struggles to effectively support companies, including startups and scale-ups, to commercialise their innovations domestically. We have heard that the UK has a complicated landscape of institutions to support RDI and that this landscape needs to be reviewed. (Conclusion, Paragraph 112)
Government Response Summary
The government acknowledges the importance of aligning R&D with industrial strategy, stating it will give UKRI new objectives to ensure clear institutional leadership for innovation, commercialisation, and scale-up, and will ensure the Catapult Network focuses on industrial strategy priorities.
Government Response
Accepted
HM Government
Accepted
15.1. The Government recognises the importance of aligning the UK’s R&D spend with our Industrial Strategy priorities. The Industrial Strategy confirms that the Government will prioritise support for innovation towards the eight growth-driving sectors, and the city regions and clusters where they are concentrated, ensuring that they are prioritised by our public funding bodies, such as UK Research and Innovation (UKRI). 15.2. To ensure there is clear institutional leadership, UKRI will be given new objectives to set out its role in delivering government priorities, including enabling innovation, commercialisation, and scale-up across the UK. Innovate UK, as the UK’s innovation agency, will play a central role in accelerating the commercialisation of new technology. We will ensure that the Catapult Network, which Innovate UK funds, is also focused on our Industrial Strategy priorities.