UKRI strategy launch – a path to growth for the UK

The National Centre for Universities and Business (NCUB) welcomes the launch of UK Research and Innovation’s (UKRI) new strategy, which sets out how it will leverage the UK’s research and innovation strengths to support economic growth across the country. 

The new strategy outlines l to businesses, researchers, entrepreneurs and investors on where the UK can take a more strategic approach in its funding of research and innovation activities, alongside improving the translation of our research strengths into economic growth that benefits society.

Speaking on the launch of UKRI’s new strategy, NCUB’s director of policy, analysis and external affairs Rosalind Gill said: “The UK has earned its reputation as a global leader in research. The opportunity now is to build on that success by creating the conditions for even more of that excellence to become investment, innovation and opportunity.

“That’s why the new UKRI strategy is so important. Through our work at the National Centre for Universities and Business, we see a shared ambition to realise more of the value that the UK’s research strengths can create. 

Our Business-led R&D Taskforce has consistently argued that greater strategic focus is an important part of strengthening the UK’s innovation system. Making choices about priorities is never easy, but at a national level, having greater clarity about where the UK can build globally competitive advantage has the potential to create stronger partnerships, attract investment and accelerate growth. 

“At the same time, focus must be matched by sustained ambition. Continued investment in research, development and innovation is one of the most important foundations of long-term economic growth. The UK’s research excellence is a national strength, and our challenge now is to ensure we continue investing in that excellence while creating the conditions for more of it to deliver economic and societal impact.”

More details can be found here.