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Science and Research policy Recent trends and future options. Dr Graeme Reid Deans of Science 5 December 2012. The economic context. Recessions. Source: National Institute of Economic and Social Research, 2012. The role of science and research. Economic Impact.
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Science and Research policy Recent trends and future options Dr Graeme Reid Deans of Science 5 December 2012
Recessions Source: National Institute of Economic and Social Research, 2012
Economic Impact Improving the performance of existing businesses Delivering highly skilled people to the labour market Economic Impact Creating new businesses Improving public policy and public services. Attracting R&D investment from global business
The Triennial Review - overview • Drive to increase efficiency of partner organisations • Most BIS partner organisations to be reviewed • Research Councils to be reviewed as a whole
The Triennial Review – formal process • Two phases • Phase I • identifies and examines the key functions • considers whether the functions are needed • if so examines how the functions might best be delivered • report to ‘challenge panel’ and then Ministers • If the current delivery model is ok then …….. • Phase II • examines whether the body’s control and governance arrangements are in accordance with the recognised principles of good corporate governance
The Triennial Review – practicalities • Formal announcement by written ministerial statement –December 2012 • Phase I January – March 2013 • Opportunity to input views • Phase II (if it takes place) April – May 2013 • Review Team led by BIS Director – Labour Markets assisted by 2 Deputy Directors and a small team – all from outside BIS Research Base
“I am up for the challenge .... of making Britain the best place in the world to do science” • The Rt. Hon. George Osborne MP Chancellor the Exchequer 9 November 2012
Capital investments since December 2010 • £100m Budget 2011 • £195m October 2011 • £200m Autumn Statement 2011 • £100m Budget 2012 • £200m October 2012 • Autumn Statement 2012
Challenges • International competition • People • Funding • Environment • Long-term stability • Policy • Funding • Setting priorities • Who decides? • For what purpose? • What does success look like?